36.1 C
Saturday, July 13, 2024

“Institutional Investments Surge: UAE Stocks Attract Dh7 Billion in Net Investments Throughout 2023”

In 2023, institutional investors play a pivotal role in bolstering their holdings in UAE stocks, enticed by diverse investment prospects and robust economic growth. The data from both the Abu Dhabi and Dubai markets showcase institutional investors’ net purchase reaching nearly Dh7 billion throughout the year.

Confidence in UAE Markets

The substantial increase in institutional investments reflects heightened confidence in UAE markets, propelled by promising growth prospects and lucrative investment opportunities. The surge aligns with ongoing efforts to diversify liquidity across various investor categories.

Institutional Dominance

Institutional investors take the lead, contributing to nearly 78 percent of total trading activity in the UAE equity market in 2023. This dominance underscores their trust in the UAE’s economic outlook and the strong performance of listed national companies.

ADX and DFM Highlights

In the Abu Dhabi Securities Exchange (ADX), institutional investors achieve a net investment exceeding Dh6.1 billion, driven by cumulative purchases slightly surpassing total sales. Noteworthy net purchase values are recorded across various months, showcasing sustained interest.

In the Dubai Financial Market (DFM), institutional investment nets a purchase value of Dh808.1 million. Expectations are high for continued institutional interest in the upcoming months, leveraging investment opportunities in financially stable companies.

Prospects and Collaborations: Institutional 

The country’s financial markets actively collaborate with listed companies and international investment banks, hosting global investor conferences. This collaborative effort aims to fortify connections, review business advancements, and discuss growth strategies with global investment institutions.

Outlook for 2024

Anticipations are positive for increased institutional investments in the coming months, supported by a plethora of investment opportunities in shares of financially stable companies, appealing to both local and foreign portfolios.

Also Read

Anticipation Builds on Wall Street for ‘Santa Rally’ as US Stocks Approach Record Levels

Longevity Studies reveal: Life Expectancy in UAE Rises by 2.2 Years.

Related Articles

Axi and Manchester City Women’s Team Kick Off big ‘The Mentality Edge’ Campaign 1

Axi and Manchester City Women’s Team Kick Off 'The Mentality Edge' Campaign In a dynamic culmination to the 2023/24 football season, leading online FX and...

Garuda Advertising Launches Teleforce: A Telecom, Marketing, and Sales CRM Platform

Garuda Advertising announces the launch of Teleforce, a Telecom, Marketing, and Sales CRM designed to empower businesses with a comprehensive Communication Platform as a...

Chinese and Indian Stocks Favored Over Japan in Second Half of the Year

Chinese and India, as the world’s two most populous countries, present vast opportunities for growth and investment. In the second half of the year, investors...

NAZ INDUSTRIES Earns 2024 Great Place To Work Certification™

NAZ INDUSTRIES Earns 2024 Great Place To Work Certification™ Dubai, United Arab Emirates — NAZ INDUSTRIES is proud to be Certified™ by Great Place To...

Ajman Department of Finance Engages Globally at 30th Annual Reserve Management Seminar

Ajman Department of Finance Participates in the 30th Annual Reserve Management Seminar Ajman, 4 July 2024: The Ajman Department of Finance, represented by Jassim Bu...

Latest Articles