Dh2.45bn foreign investments in stocks in four sessions

By DG Staff

ABU DHABI 28 August 2020: Foreign inflows into the UAE’s twin bourses amounted to Dh2.45 billion over the past four trading sessions, according to figures released by the two markets.

This accounted for 48.3 percent of the total liquidity recorded over the period from 24th to 27th August, in yet a new evidence of investor confidence in and the high returns provided by the UAE capital markets comparatively with their regional counterparts.

The largest share of this liquidity targets the banking sector on account of the lucrative annual dividends investors get when compared to other sectors, said Wam.

In more detail, foreigners’ trades in Abu Dhabi Securities Exchange amounted to AED1.25 bn, comprising 43.7 percent of total transactions, while accounting for 53.1 pct of total deals in Dubai Financial Market, or AED1.2 bn in the same period.

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Dubai Gazette