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Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (March 15 - March 19) reached Dhs803.3m comprising 36.8% of the total value of stocks traded during the period.
The value of stocks sold by foreign investors during the same period reached Dhs888m comprising 40.7% of the total value of stocks traded during the period. Net foreign investment on the market reached Dhs84.8m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs499.1m comprising 22.9% of the total value of stocks traded during the period.
The value of stocks sold by institutional investors during the period reached Dhs413.8m which constitutes 19% of the total value of stocks traded during the period. Net institutional investment on the market reached Dhs85.3m during the period.
Companies listed on the Muscat Securities Market (MSM) have posted ‘better than expected’ financial results for the first nine months of 2017, according to stock market analysts.
Times of Oman
Kuwait stocks extended gains into second day on Tuesday, helped by rebound in technology shares. The main index advanced 12.34 points in choppy trading to close at 6,648.3 points.
Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Retail, Agriculture & Food and Hotels & Tourism sectors led shares lower.
At the close, the Saudi stock benchm
As Arabian Gulf nations march inexorably forward towards economic diversification, one sector is receiving particular attention.
Manufacturing is a growth-focus for several GCC governments
Abu Dhabi Securities Exchange (ADX), which has a market capitalisation exceeding Dh400 billion, said on Tuesday it had launched technical short-selling (TSS) services as part of efforts to boost wani