The Dubai Financial Market General Index decreased by 9.1% to 3514.4 points at the end of March compared to 3864.7 points at the end of February. The Real Estate and Construction index decreased the most by 14.1% and the Financial & Investment services index down 9.8%, and the Banking index decreased by 6.2%. In contrast, the Industrial index up 15%, and Consumer and Discretionary index up 14.7%
The market capitalization decreased at the end of this month by 9.1% to reach AED 317.6 billion compared to AED 349.3 billion at the end of February. The value of shares traded reached during this month AED 9.6 billion, compared to AED 13.3 billion recorded during February, down by 28.1%. The number of shares traded decreased by 15.2% to reach 6.9 billion shares during this month compared to 8.2 billion shares traded during February. The number of transactions executed during March down by 15.3% to reach 110.8 thousands compared to 130.9 thousand deals carried out during the previous month.
As for the sectors’ contribution to trading volumes, the Real Estate and Construction sector ranked first in terms of the traded value, to reach AED 5.2 billion, or 54.6% of the total traded value in the market. Banking sector ranked second at AED 1.8 billion or 18.9%, followed by The Financial & Investment services sector with AED 1.1 billion or 11.1%. The Consumer and Discretionary sector with AED 581.8 million or 6.1%, the Transportation sector with AED 514.7 million or 5.4%, the Insurance sector with AED 161 million or 1.7%, the Services sector with AED 134.1 million or 1.4%, and the Telecommunication sector with AED 86.8 million or 0.9%, and the Industrial sector with AED 37.2.
The value of stocks bought by foreign investors during this month reached AED 4.9 billion comprising 51.2% of the total traded value. The value of stocks sold by foreign investors during the same period reached AED 4.8 billion comprising 49.7% of the total value traded. Accordingly, DFM net foreign investment in-flow reached AED 142.4 million.
Trading activity by nationality (March 2015) |
|||
|
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment AED |
Arab |
1,789,701,131 |
1,838,470,413 |
(48,769,282) |
GCC |
997,738,837 |
719,150,084 |
278,588,753 |
Others |
2,128,515,971 |
2,215,885,506 |
(87,369,536) |
Non - UAE |
4,915,955,939 |
4,773,506,003 |
142,449,936 |
UAE |
4,680,315,852 |
4,822,765,788 |
(142,449,936) |
Total |
9,596,271,792 |
9,596,271,792 |
0 |
On the other hand, the value of stocks bought by institutional investors during this month reached AED 3.7 billion comprising 38.3% of the total traded value. The value of stocks sold by institutional investors during the same period reached AED 3.4 billion which constitutes 35.1% of the total value traded. DFM net institutional investment in-flow amounted AED 311.5 million.
Trading activity by client type (March 2015) |
|||
|
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment AED |
Institutional |
3,676,404,634 |
3,364,944,339 |
311,460,295 |
Individuals |
5,919,867,158 |
6,231,327,452 |
(311,460,295) |
Total |
9,596,271,792 |
9,596,271,792 |
0 |