Net investments of foreigners in stocks in the UAE financial markets during the month of November amounted to 431.216 million dirhams, equivalent to 117.417 million dollars in purchase proceeds.
According to data from the UAE financial markets, foreign investors carried out purchasing operations in Dubai and Abu Dhabi shares worth 8.864 billion dirhams, compared to sales amounting to 8.433 billion dirhams, with a net purchase of 431.216 million dirhams.
Abu Dhabi Securities Market
The value of foreigners' purchases of shares last November on the Abu Dhabi Stock Exchange amounted to about 5.352 billion dirhams, compared to sales amounting to 5.170 billion dirhams, with a net purchase of 181.579 million dirhams.
The value of Arab purchases amounted to 657,493 million dirhams, compared to sales of about 657,190 million dirhams, with a net purchase of 303,341 million dirhams. With a net purchase amounting to 303.341 million dirhams.
Citizens of the Gulf Cooperation Council countries tended to purchase with a net investment of 100.324 million dirhams, and purchases by citizens of the Gulf Cooperation Council countries amounted to 734.413 million dirhams, compared to sales transactions worth 634.089 million dirhams.
Sales by UAE citizens amounted to 16.015 billion dirhams, compared to purchases worth 15.739 billion dirhams, with a net sale of 276.295 million dirhams.
Dubai Financial Market
The Dubai Stock Exchange witnessed foreign purchases of shares worth 3.512 billion dirhams during last November, compared to sales of about 3.262 billion dirhams, with a net purchase of 249.637 million dirhams.
Arab investors tended to sell with a net investment of 14,417 million dirhams, and Arab purchases amounted to 463,710 million dirhams, compared to sales operations worth 487,127 million dirhams.
Purchases by citizens of the Gulf Cooperation Council countries amounted to 483.439 million dirhams, compared to sales transactions worth 812.579 million dirhams, with a net sale of 329.139 million dirhams.
UAE investors made purchases worth 3.813 billion dirhams, compared to sales worth 4.063 billion dirhams, with net sales amounting to 249.637 million dirhams.
UAE financial market indices rose at the end of last November after witnessing a decline last October, amid escalating geopolitical events in the Middle East region.
According to data from the UAE financial markets, the gains of the Dubai Financial Market amounted to about 22.386 billion dirhams, while the Abu Dhabi Securities Market gained 100 billion dirhams, with a total gain of 122.386 billion dirhams.
Foreign investments recorded 774.8 million dirhams in purchase proceeds, including 181.6 million in Abu Dhabi, and 593.2 million in Dubai.
The shares attracted monthly liquidity of 29.8 billion dirhams, including 22.5 billion dirhams in the Abu Dhabi market, and the traded quantities of shares were 6.96 billion shares.
It was distributed by 2.66 billion shares in Dubai, and 4.3 billion shares in Abu Dhabi, and this came through the implementation of 425.5 thousand transactions.
The performance of the UAE financial markets varied at the end of the first ten months of the current year, the period from January to October 2023, with the Dubai Financial Market rising, while the Abu Dhabi Securities Market declined, coinciding with the continued escalation of the geopolitical situation in the Middle East region.
The net investments of foreigners in stocks in the UAE financial markets during the first 10 months of the current year, which extends from January to October 2023, amounted to 2.229 billion dirhams ($607.167 million) as a result of the sale.
