The net investment of Emiratis in the stock market rose to 3.1 billion dirhams during the first eight months of 2020.
According to the Emirates News Agency, the continuous rise in the net national investments in the markets came after the increase in the value of their trades to about 73.27 billion dirhams, both bought and sold, during the period from January to August last.
and the largest part of the net investments of citizens in the Abu Dhabi Securities Exchange reached 3.050 billion dirhams, while the Dubai Financial Market reached nearly 50 million dirhams.
Asma Al Hosani, General Manager of Emirates NBD Securities, said that the continuous increase in investments, whether national or foreign, in the UAE financial markets during the recent period came as a result of several factors, including what It has a relationship with the attractive prices of the majority of traded stocks compared with the rest of the Gulf markets and the region in general.
Al-Hosani emphasized that the return of confidence in market transactions is a major factor in attracting investments in addition to the large dividend ratios approved by Emirati companies to shareholders ... indicating that the great improvement Also, the liquidity of trading encourages the entry of more local and foreign investors to invest in the markets.
Al-Hosani expected that more liquidity of citizen investors will continue to flow in the coming period, especially since investment returns in the markets are the highest among other investment channels, especially bank deposits. / p>
(Amazon fun knowledge)
