The value of institutional investment trades in the UAE financial markets amounted to 32.8 billion dirhams, both buying and selling during the period from January to April 13.
According to the Emirates News Agency, this type of investment played an important role in supporting the markets, whose general indicators managed to rise by more than 20% from the lowest level reached last March, which established confidence in transactions and encouraged the return of a large segment of individual investors to trading.
It is clear from the monitoring of the movement of the graphic indicator of institutional investment in the Abu Dhabi and Dubai financial markets that it maintained an upward trend since the beginning of this year, but its pace recorded a significant increase with the end of last March and the beginning of this April.
The high frequency of institutional investment in this period, according to the data of technical analysis, reflects the arrival of the prices of the majority of shares to attractive levels of investment, which motivated many portfolios and funds to seize the opportunity and purchase, which supported the improvement in the performance of markets at a later stage.
In detail, the value of institutional investment trading in the Dubai Financial Market amounted to about 16.5 billion dirhams, both selling and buying during the period from January to April 13, according to figures issued by the market.
On the Abu Dhabi Securities Exchange, the value of institutional investment trades reached 16.3 billion dirhams, both buying and selling.
It is expected that the investment liquidity will continue to flow in the markets during the coming period, especially after the stimulus package approved by the government, whether it was directed to support the national economy or financial markets, which was represented in the establishment of a market maker fund worth one billion dirhams.
