The Dubai Financial Market Index rose by 0.3 percent to 4,246 points, with a total value of trades amounting to 419 million dirhams ($114.1 million).
The rise in the Dubai Financial Market came as a result of the rise in the shares of Emirates NBD Bank by 1.2 percent and the rise in the shares of Mashreq Bank by 4.2 percent.
Within a week, the Dubai Financial Market recorded a decline of 0.73 percent, and the index recorded a decline within a month of 1 percent.
However, the index rose during the first quarter of this year by 4.59 percent.
During trading, the Abu Dhabi Securities Market declined by 0.4 percent, reaching the level of 9,228 points, with a total value of trades amounting to 1 billion dirhams.
During the week, the Abu Dhabi Financial Market declined by about 1 percent, and the index recorded a decline of 0.29 percent within a month.
The Abu Dhabi market declined during the first quarter of this year by 3.65 percent.
The net investments of non-Arab foreigners in local stocks exceeded 3.7 billion dirhams during the first quarter of the current year 2024.
Data from the Abu Dhabi and Dubai Financial Markets showed that non-Arab foreign investors made purchases in local stock markets worth 26 billion, 244 million and 321 thousand dirhams during the first quarter of this year, compared to sales of about 22 billion, 518 million and 264 thousand dirhams in the same period, with a net investment of 3.726 billion dirhams. As a purchase result.
According to the data, purchases by non-Arab foreign investors in the Abu Dhabi Securities Market reached about 17 billion, 604 million and 34 thousand dirhams in the first quarter, compared to sales of about 15 billion, 714 million and 449 thousand dirhams, with a net investment of 1.889 billion dirhams as a purchase proceeds.
Purchases by non-Arab foreign investors in the Dubai Financial Market amounted to about 8 billion, 640 million and 286 thousand dirhams since the beginning of this year, compared to sales of about 6 billion, 803 million and 815 thousand dirhams, with a net investment of 1.836 billion dirhams as a purchase proceeds.
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