UAE stocks.. The portfolios pump 711.6 million and foreigners 498 million in a week, new purchasing centers for investment funds

Strong foreign and institutional purchases poured into the UAE stock markets within a week, within the framework of building new financial centers initiated by foreign investment portfolios and funds, in conjunction with measured rises witnessed by some companies’ shares, to keep the opportunity favorable for a coming wave of rise, with the anticipation of the inclusion of more major companies.

Investment portfolios pumped, during 5 trading sessions, 711.6 million dirhams in purchase proceeds, of which 2.13 million dirhams in purchase proceeds in Abu Dhabi, and 498.47 million dirhams in purchase proceeds in Dubai.

The net investments of foreigners (non-Arabs) amounted to 484.8 million dirhams, the proceeds of purchase, in exchange for liquidation operations for the rest of the categories of Arab, Gulf and Emirati investors.