Foreign, institutional buying fails to buoy ADX

Dubai – Mubasher: Abu Dhabi Securities Exchange (ADX) data showed that foreign and institutional investors tended towards buying during the first week in December, against a selling tendency among Arab and local traders.

ADX was in red during the week, amid lower liquidity.

Non-Arab foreign traders came as net buyers by AED 342.5 million, while non-GCC Arab traders were net sellers by AED 10.78 million.

GCC traders netted sellers by AED 55.52 million.

UAE investors were net sellers by AED 273 million.

Institutional investors were net buyers by AED 264.53 million, while retail traders were net sellers by the same value.

Mubasher Contribution Time: 12-Dec-2015 09:13 (GMT)