ID :
63575
Mon, 06/01/2009 - 14:27
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https://oananews.org//node/63575
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DFM performance May 2009
Dubai Financial Market overall performance increased by 17 percent to reach 1878.09 points at the end of May 2009 compared to 1605.51 points at the end of April. The market capitalization increased at the end of this month by 8.6 percent to reach Dh232.2 billion compared to Dh213.9 billion at the end of April.
The value of shares traded during this month reached Dh14.9 billion, compared to Dh13.9 billion recorded during April, an increase by 6.9 percent. Number of shares traded decreased by 14.5 percent to reach 9.8 billion shares during this month compared to 11.4 billion shares were traded during the April. Number of transactions executed during May 2009 decreased by 10.9 percent to reach 163.7 thousand compared to 183.8 thousand deals carried out during the last month In terms of sectoral contribution to trading volumes, the real estate and construction sector ranked first in terms of the value of traded shares, to reach Dh9.65 billion, or 64.9 percent of the total value of shares traded in the market.
Investment and financial services ranked second at Dh2.3 billion, or 15.6 percent, followed by the transportation sector to Dh1.2 billion, or 7.9 percent, and the banking sector amounted to Dh897.5 million, or 6.0 percent. The insurance sector handled Dh403.1 million, or 2.7 percent, and utilities sector amounted 315.4 million, or 2.1 percent. Communications sector handled Dh114.1 million, or 0.8 percent, and the material and consumer staples sectors ranked last to reach Dh251.1 thousand and 99.8 thousand.
The value of stocks bought by institutional investors during this month reached Dh3.433 billion comprising 23.1 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the same period reached Dh2.549 billion which constitutes 17.1 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached Dh883.7 million during the period. as aggregate buy.
The value of shares bought by foreign investors, or non-UAE nationals, during this month reached Dh6.296 billion comprising 42.3 per cent of the total value of stocks traded during the period. The value of stocks sold by foreign investors during the same period reached Dh5.755 billion comprising 38.7 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh540.7 million during the same period, as aggregate buy.
The value of shares traded during this month reached Dh14.9 billion, compared to Dh13.9 billion recorded during April, an increase by 6.9 percent. Number of shares traded decreased by 14.5 percent to reach 9.8 billion shares during this month compared to 11.4 billion shares were traded during the April. Number of transactions executed during May 2009 decreased by 10.9 percent to reach 163.7 thousand compared to 183.8 thousand deals carried out during the last month In terms of sectoral contribution to trading volumes, the real estate and construction sector ranked first in terms of the value of traded shares, to reach Dh9.65 billion, or 64.9 percent of the total value of shares traded in the market.
Investment and financial services ranked second at Dh2.3 billion, or 15.6 percent, followed by the transportation sector to Dh1.2 billion, or 7.9 percent, and the banking sector amounted to Dh897.5 million, or 6.0 percent. The insurance sector handled Dh403.1 million, or 2.7 percent, and utilities sector amounted 315.4 million, or 2.1 percent. Communications sector handled Dh114.1 million, or 0.8 percent, and the material and consumer staples sectors ranked last to reach Dh251.1 thousand and 99.8 thousand.
The value of stocks bought by institutional investors during this month reached Dh3.433 billion comprising 23.1 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the same period reached Dh2.549 billion which constitutes 17.1 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached Dh883.7 million during the period. as aggregate buy.
The value of shares bought by foreign investors, or non-UAE nationals, during this month reached Dh6.296 billion comprising 42.3 per cent of the total value of stocks traded during the period. The value of stocks sold by foreign investors during the same period reached Dh5.755 billion comprising 38.7 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh540.7 million during the same period, as aggregate buy.
