The net investments of Emirati citizens in the UAE stock markets increased to 2.66 billion dirhams from the beginning of 2020 until the fourth of June, according to figures issued by the Abu Dhabi and Dubai financial markets.
According to the Emirates News Agency, follow-up to the trading activity of this segment of investors showed a growth in their net investments at the monthly level by more than 9% during the monitoring period compared to April of the year Similarly, while the growth rate reached 9.6% compared to March.
The continued prevalence of purchasing tendency over citizens ’dealings in the stock market reflects their eagerness to invest in the medium term, especially in the shares of leading companies listed in the banking, real estate and telecom sectors. >
The continued investment of citizens has had an important role in raising the prices of a large segment of shares during the past two months, which has contributed to increasing the volume of liquidity circulating in the Abu Dhabi and Dubai financial markets. >
In detail, net citizens ’investments in the Abu Dhabi Securities Market reached 2.322 billion dirhams since the beginning of this year and until June 4, according to figures documented by the website’s website. >
The continuous growth in net citizens ’investments came as a result of carrying out purchases of approximately 9.955 billion dirhams during the monitoring period, compared to sales of 7.633 billion dirhams in the same period.
The transactions of citizens' investors formed about 57.4% of the total transactions of all investors in the market, which amounted to 17.34 billion dirhams since the beginning of this year and until the date of June 4. >
In the Dubai Financial Market, net citizens ’investments amounted to approximately 341 million dirhams since the beginning of this year and until 4 June, as a result of purchases worth 13.091 billion dirhams and sales of 12.750 billion. AED.
The transactions of citizens' investors constituted about 50.7% of the total transactions of all investors in the market, amounting to 25.823 billion dirhams during the monitoring period.
