Dubai – Mubasher: The Dubai Financial Market’s (DFM) annual positive performance was backed by foreign and institutional purchases by the end of 2016, according to a statement.
The value of stocks bought by foreign investors reached AED 60.78 billion in 2016, while their sales amounted to AED 60.46 billion during the same period.
Institutional investors’ purchases stood at AED 40.12 billion last year, while their sales reached AED 37.94 billion.
UAE investors’ sales amounted to AED 73.28 billion, while their purchases stood at AED 72.91 billion.
The DFMGI increased by 12.1% to 3,531 points last year, compared to 3,151 points in 2015.
