DFM foreign investment 13-17 Dec 2009

[Cash King]

Dear Friends,

A press release from DFM

Press Release 17 December 2009:

Value of shares bought by institutional investors reaches AED 1.037 billion during last week, and value of shares sold reached AED 899.5 million. Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (13 - 17 Dec.) reached AED 1.852 billion comprising 46.3% of the total value of stocks traded during the period. The value of stocks sold by foreign investors during the same period reached AED 1.756 billion comprising 43.9% of the total value of stocks traded during the period. Net foreign investment on the market reached AED 96.7 million during the same period, as aggregate buy. The value of stocks bought by institutional investors during last week reached AED 1.037 billion comprising 25.9% of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED 899.5 million which constitutes 22.5% of the total value of stocks traded during the period. Net institutional investment on the market reached AED 137.1 million during the period as aggregate buy.

This news looks to be very positive to me.

Thanks & Kind Regards