Friday , 19 October 2018

UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher

Listed-stocks have recently hit record highs on the back of the interim financial results

The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher.

Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s trading session, netting AED 14 million.

Foreign and local retail investors were mostly buyers yesterday as well, netting AED 17.73 million.

About Marc Mcilhone

Marc Mcilhone
Marc Mcilhone is ArabBrains' Editor - sourcing news and features content and overseeing the work of the site’s contributors. Marc’s work is informed by his technical background in architecture having worked for some of the UK’s leading practices on projects within the education, healthcare and housing sectors. Marc has a particular interest in how innovators are creating sustainable solutions that have a positive impact on people’s everyday lives. Please email press releases and news to: editor@arabbrains.com

Check Also

ADIB’s right issue more than five times oversubscribed, investors await Q3 earnings

ADIB announces that it has successfully raised 1 billion dirham through a rights issue Adds …