Kuwaitis bought shares in the Abu Dhabi market for 5 18

Alaa Majid

Kuwaiti investors continued to invest more in the Abu Dhabi Securities Exchange at the beginning of the new year 2022, where the net value of their purchase transactions during the month of April reached about 18.86 million UAE dirhams, equivalent to (1.58 million dinars), through purchases amounting to 61.91 million dirhams (equivalent to 5.18 million dinars) and sales operations amounting to 42.32 million dirhams (equivalent to 3.54 million dinars).

During the past four months, since the beginning of the year until now, Kuwaitis’ purchases of shares in the Abu Dhabi Stock Exchange amounted to 230.83 million UAE dirhams (equivalent to 19.3 million dinars) and sales operations with a value of 289.47 million dirhams (equivalent to 24.2 million dinars), to be the net selling transactions since the beginning of the year, at a value of 58.63 million dirhams (equivalent to 4.9 million dinars).

These purchases came in line with the performance of the Abu Dhabi Securities Exchange, which achieved monthly gains, as it rose by 0.9% during the month of April to record the level of 10,041 points, compared to 9,951 points at the end of March 2022.

This came amid recording the market value of Abu Dhabi shares at a value of 1.869 trillion dirhams at the end of last April, compared to a value of 1.805 trillion dirhams at the end of last March, recording monthly gains of about 64 billion dirhams.

By Editor

Leave a Reply