The Dubai Financial Market General Index down 0.4% to 5042.9 points at the end of September compared to 5062.9 points at the end of August. The Financial & Investment services index decreased the most by 4.9% and the Telecommunication index down 4.8%, and the Services index decreased by 2.9%. In contrast, the Industrial index up 4.4%, the Banking index up 2.9% and the Insurance index increased by 1.2%.
The market capitalization increased at the end of this month by 0.09% to reach AED 357.6 billion compared to AED 357.3 billion at the end of August. The value of shares traded reached during this month AED 25.4 billion, compared to AED 17.3 billion recorded during August, up 46.6%. The number of shares traded increased by 14.7% to reach 8.1 billion shares during this month compared to 7.1 billion shares traded during August. The number of transactions executed during September increased by 22% to reach 148.3 thousands compared to 121.6 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 18.8 billion, or 74.1% of the total traded value in the market. Banking sector ranked second at AED 2.9 billion or 11.4%, followed by The Financial & Investment services sector with AED 2.8 billion or 11%. The Transportation sector with AED 295.3 million or 1.2%, the consumer staples sector with AED 292.6 million or 1.2%, the Services sector with AED 122.6 million or 0.5%, the Insurance sector with AED 101.2 million or 0.4%, and the Telecommunication sector with AED 66.2 or 0.3%.
The value of stocks bought by foreign investors during this month reached AED 12.4 billion comprising 48.8% of the total traded value. The value of stocks sold by foreign investors during the same period reached AED 11.4 billion comprising 44.9% of the total value traded. Accordingly, DFM net foreign investment in-flow reached AED 993.3 million.
Trading activity by nationality (September 2014) |
|||
|
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment - AED |
Arab |
5,147,627,731 |
5,173,123,339 |
(25,495,608) |
GCC |
2,363,866,936 |
2,426,722,118 |
(62,855,181) |
Others |
4,886,751,249 |
3,805,057,147 |
1,081,694,102 |
Non - UAE |
12,398,245,916 |
11,404,902,603 |
993,343,312 |
UAE |
12,996,670,766 |
13,990,014,078 |
(993,343,312) |
Total |
25,394,916,681 |
25,394,916,681 |
0 |
On the other hand, the value of stocks bought by institutional investors during this month reached AED 7.4 billion comprising 29.1% of the total traded value. The value of stocks sold by institutional investors during the same period reached AED 7.1 billion which constitutes 28% of the total value traded. DFM net institutional investment In-flow amounted AED 283.5 million.
Trading activity by client type (September 2014) |
|||
|
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment - AED |
Institutional |
7,402,039,748 |
7,118,523,244 |
283,516,504 |
Individuals |
17,992,876,933 |
18,276,393,437 |
(283,516,504) |
Total |
25,394,916,681 |
25,394,916,681 |
0 |