132.4 million shares Increased ownership of foreigners in 33 listed companies 4 newly listed companies in the forefront by 70 million

Foreign investors (non-Arabs) have strengthened their ownership in the shares of 33 companies listed in the UAE markets to 132.4 million shares since the beginning of this year, until the last trading session last Friday, (10 trading days), according to a special analysis of “The Gulf”. The analysis revealed that 4 newly listed companies topped the list of foreign ownership, with an increase of 70 million shares, namely: “Americana”, “Empower”, “Salik” and “Burjeel”, equivalent to 53% of the total.

Foreign ownership in the “Americana Restaurants” company, which was listed on the Abu Dhabi market late last year, increased to 29.48 million shares, then “Empower” to 17 million shares, “Salik” to 12 million shares, and “Burjeel Holding” to 11.45 million shares. , “TAQA” 11.24 million shares, “ADNOC Drilling” to 9.6 million shares, “Borouge” to 9 million shares, and “Abu Dhabi Ports” to 7.6 million shares, so that the first eight companies acquired 81% of the total, up to 107.4 million shares.

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The percentage of change of ownership in the shares of “Americana” reached 0.35%, after the percentage of foreign ownership in the company was 72.97% in the last sessions of last year, bringing this percentage to 73.32%, and the percentage of change in the shares of “Empower” reached 0.17%, given that their ownership On December 30, 2022, it was about 7.98%, and it rose to 8.15% by the end of last Friday’s session.

With regard to the shares of the “Salik” company, the percentage of change amounted to 0.16%, noting that their ownership percentage was at the end of the 2022 sessions about 9.01%, to rise to 9.17% in the last trading session of the current year, and the data also showed that the percentage of foreign ownership in the shares of “Burjeel Holding” » It was 8.78%, up to 9% in the last trading session, with a change rate of 0.22%. The shares of “TAQA” came in fourth place in terms of the increase in foreign ownership, with a change rate of 0.01%, on the basis that their ownership percentage was 0.17% in the last sessions of last year, up to 0.18% last Friday.

The percentage of change in the ownership of foreigners in the shares of “ADNOC Drilling” amounted to 0.06%, after the percentage of their ownership in the last sessions of 2022 was about 2.7%, to rise to 2.76% in the last sessions of 2023, followed by the shares of “Borouge” company, with a change rate of 0.03%, as the percentage of ownership was The foreigner in the December 30th session of last year 37.25%, up to 37.28% in the January 13th session, while the percentage of change in foreign ownership at “Abu Dhabi Ports” reached 0.15%, based on the fact that the percentage of ownership reached 3.56% on December 30 from last year, compared to 3.71% in the last sessions of 2023.

In terms of shares of other companies, foreign ownership in shares of «Gulf Navigation» rose to 2.67 million shares, and shares of «Emaar Properties» rose to 2.45 million shares, and «Dubai Investments» to 2.12 million shares, and «Ras Al Khaimah Real Estate». To two million shares, “Abu Dhabi Islamic” to 1.8 million shares, “Marine Dredging” to 1.4 million shares, “Aramex” to 1.3 million shares, and “E&” only 869.6 thousand shares.

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foreign sales

Since the beginning of this year, sales of foreigners (non-Arabs) have focused on the shares of “Tecom”, “First Abu Dhabi”, “Emaar Development”, “VirtGlobe”, “Aldar Properties”, “Ishraq” and “Dubai Islamic”.

The ownership of these foreigners in the shares of “Tecom” decreased to 65 million shares, in “Emaar Development” to 21.5 million shares, in “VirtGlobe” to 17.4 million shares, in “Aldar Properties” to 15.7 million shares, and in “Ishraq” to 13.25. million shares.

Foreign ownership in the shares of 5 Emirati banks declined to 49.9 million shares, with the first decline in the shares of “First Abu Dhabi” to 23.2 million shares, and “Ishraq” to 12.25 million shares, and “Dubai Islamic” to 10.86 million shares, and “Emirates”. National Dubai” to 1.89 million shares, and “Abu Dhabi Commercial” to only 695.7 thousand shares.

foreign monetization

Market data showed a foreign trend towards liquidation since the beginning of this year, in both markets, with a net investment of 360.6 million shares as a result of selling, distributed by 242.53 million dirhams as a result of selling foreigners (non-Arabs) in the Abu Dhabi market, and 118.13 million dirhams as a result of selling them in the Abu Dhabi market. Dubai. Arab investors also tended to sell in the Abu Dhabi market, with a net investment of 16.94 million dirhams, the proceeds of sale, as well as Gulf investors, with a proceeds of sale amounting to 166.36 million dirhams. On the other hand, Emirati investors tended to buy, with a net investment of 425.8 million dirhams as a proceeds of purchase.

In the Dubai market, Arab investors tended to buy, with a net investment of 28.5 million dirhams as a result of purchase, along with Gulf investors whose net investments amounted to 155.76 million dirhams as a result of purchase, at a time when citizen investors tended towards liquidation, with a net investment of 66.15 million dirhams as a result of selling