Emiratis to invest 1.65 billion dirhams in stock markets during March

According to the Emirates News Agency, official data on the Abu Dhabi Securities Market showed an increase in the value of their purchases of shares during the month of March to 2.839 billion dirhams .. While the value of their sales in the same month reached 1.956 billion dirhams and therefore their net investment amounted to 883 million dirhams in the monitoring period. < / p>

The number of shares purchased by citizen investors in March amounted to 1.24 billion shares, while the number of sales of shares in the same month reached 996 million shares.

In the Dubai Financial Market, the value of citizens ’purchases in March was 3.74 billion dirhams, while their sales amounted to 2.975 billion dirhams.

It is noteworthy that the total trading of investors in all categories reached about 22.36 billion dirhams in selling and buying in financial markets during the month of March, of which 12.732 billion dirhams in the Dubai Financial Market and about 9.63 billion dirhams in buying and selling on the Abu Dhabi Stock Exchange.

The net investment recorded for the benefit of citizens during the month of March is the highest in several years, in a move that reflects the attractive price of most of the shares traded for investment at the present time.

In light of the attractive prices that the shares reached during the past weeks, the returns on investment in them exceed 10% in the medium term, a rate that exceeds significantly the returns on investment in other investment tools, especially bank deposits.