Emiratis have invested 3 billion dirhams in the stock market since the beginning of the year

The net investment of UAE citizens in the stock market has crossed the barrier of 3 billion dirhams today.

According to the Emirates News Agency, this is an indication of the continued injection of local liquidity into the markets, which contributed to the improvement of the prices of a large segment of the shares listed on the Abu Dhabi and Dubai Financial Market. .

and in light of the rise in stock prices, the market value of the shares of the companies traded in the market is at the edge of a trillion dirhams, which is the highest level it has reached in more than ten years, according to the records of Abu Dhabi Market And Dubai millions.

The big increase in the net investment of citizens in the financial markets came as a result of the increase in the volume of transactions of this important segment of investors since the beginning of this year, whose value exceeded 63.4 billion dirhams, both buying and selling. .

Citizen investors' transactions constitute about 51% of the total trades recorded in the two markets, which have reached 124 billion dirhams, selling and buying almost since the beginning of the year until today, according to statistics. Issued by both markets.

And to return to the details of the movement of citizen investors at the market level, the value of their trades on the Abu Dhabi Securities Exchange amounted to about 24.54 billion dirhams, buying and selling since the beginning of the year 2020 until today, of which 13.7 One billion dirhams is the value of purchases and 10.833 billion dirhams for sales, bringing the net investment to nearly 2.87 billion dirhams.

Citizens' transactions in the capital market accounted for about 50.6% of the total trades recorded since the beginning of the year until the date of monitoring, which reached about 48.48 billion dirhams, both buying and selling.

In the Dubai Financial Market, the value of citizens' transactions reached nearly 38.9 billion dirhams, buying and selling since the beginning of this year until today .. And it was distributed by 19.554 billion dirhams of purchases, while the value of Sales of 19.353 billion dirhams .. Thus, their net investment amounted to approximately 201 million dirhams.

and based on previous figures, citizens' transactions accounted for 51.4% of the total trades recorded on the Dubai Financial Market since the beginning of the current year until the end of the period covered by the monitoring, which reached a value of 75.5 billion dirhams Sell ​​and buy.

It is expected that the value of citizens' investments will increase in the coming months, given that the prices of a large segment of stocks remain at attractive levels for investment in both the medium and long terms.