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Dubai institutions record AED 93 mln buying on Tuesday

Dubai institutions record AED 93 mln buying on Tuesday
Emaar
EMAAR
-0.36% 8.35 -0.03
Buying by institutional investors on the Dubai Financial Market (DFM) reached AED 390.3 million against total sales of AED 297 million. Accordingly, net institutional investment buying amounted to nearly AED 93.26 million.

Meanwhile, individual buying on Tuesday registered AED 787.3 million against total selling of AED 880.5 million. Net individual trades reached AED 93.24 million in sales.

DFM’s benchmark index closed at a 0.15% decline today, after shedding 7.67 pts, falling below the level of 5083 pts amid the negative performance by the real estate sector led by Emaar Properties, in addition to the telecoms sector.