The Dubai Financial Market General Index decreased by 11.6% to 3662.6 points at the end of August compared to 4143.2 points at the end of July. At the sectoral level, the ninth sectors represented on DFM ended the month in the red, with the Services index decreased the most by 16.6%, and the Industrial index down by 15.8% and the Financial & Investment Services index by 15.4%.
The market capitalization decreased at the end of this month by 10.4% to reach AED 347.8 billion compared to AED 388.1 billion at the end of July. The value of shares traded reached during this month AED 12.6 billion, compared to AED 9.7 billion recorded during July, up by 29.7%. The number of shares traded increased by 20.3% to reach 7.7 billion shares during this month compared to 6.4 billion shares traded during July. The number of transactions executed during August up 43.4% to reach 147.1 thousands compared to 102.6 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 6.7 billion, or 52.8% of the total traded value in the market. Banking sector ranked second at AED 3.7 billion or 29.2%, followed by The Financial & Investment services sector with AED 895 million or 7.1%. The Transportation sector with AED 441.6 million or 3.5%, the Consumer and Discretionary sector with AED 385.4 million or 3.1%, the Services sector with AED 255.5 million or 2%, the Insurance sector with AED 165.7 million or 1.3%, and the Telecommunication sector with AED 123.8 million or 1%, and the Industrial sector with AED 2 million.
The value of stocks bought by foreign investors during this month reached AED 6.2 billion comprising 49% of the total traded value. The value of stocks sold by foreign investors during the same period reached AED 6.5 billion comprising 51.6% of the total value traded. Accordingly, DFM net foreign investment out-flow reached AED 321.3 million.
Trading activity by nationality (August 2015) |
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Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment AED |
Arab |
2,641,582,320 |
2,567,349,717 |
74,232,603 |
GCC |
1,170,794,253 |
1,409,288,166 |
(238,493,913) |
Others |
2,368,991,243 |
2,526,039,304 |
(157,048,061) |
Non - UAE |
6,181,367,817 |
6,502,677,187 |
(321,309,371) |
UAE |
6,423,084,890 |
6,101,775,520 |
321,309,371 |
Total |
12,604,452,707 |
12,604,452,707 |
On the other hand, the value of stocks bought by institutional investors during this month reached AED 3.5 billion comprising 27.9% of the total traded value. The value of stocks sold by institutional investors during the same period reached AED 3.9 billion which constitutes 30.7% of the total value traded. DFM net institutional investment out-flow amounted AED 350.4 million.
Trading activity by client type (August 2015) |
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|
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment AED |
Institutional |
3,513,657,355 |
3,864,048,166 |
(350,390,810) |
Individuals |
9,090,795,352 |
8,740,404,541 |
350,390,810 |
Total |
12,604,452,707 |
12,604,452,707 |
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