The Dubai Financial Market General Index down 6.1% to 2222.6 points at the end of June compared to 2366.8 points at the end of May. At the sectoral level, indexes of six out of the nine sectors represented on DFM ended the month in the red, with the Real Estate & Construction sector decreasing the most by 10.2%, followed by the Banking sector by 6.7%, and the Insurance sector by 6.4%. The Industrial sector up 3.3% while the Consumer Staples and the Telecommunication indices did not change during this month.
The market capitalization decreased at the end of this month by 10.3% amounting to AED 213.4 billion compared to AED 237.9 billion at the end of previous month. The value of shares traded reached during this month AED 13.572 billion, compared to AED 16.896 billion recorded during May, down by 19.7%. The number of shares traded down by 33.8% to reach 9.015 billion shares during this month compared to 13.626 billion shares were traded during May. The number of transactions executed during June down by 22.3% to reach 110.2 thousands compared to 141.9 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 4.731 billion, or 34.9% of the total traded value in the market. The Financial & Investment services sector ranked second at AED 4.237 billion or 31.2%, followed by the Banking sector with AED 2.645 billion or 19.5%, the Transportation sector with AED 789.6 million or 5.8%, the Services sector with AED 679.3 million or 5%, the Telecommunication sector with AED 268.5 million or 2%, the Insurance sector with AED 221.6 million or 1.6%, while the other sectors shared the rest of trading values.
The value of stocks bought by foreign investors during this month reached AED 5.874 billion comprising 43.3% of the total traded value. The value of stocks sold by foreign investors during the same period reached AED 6.267 billion comprising 46.2% of the total value traded. Accordingly, DFM net foreign investment out-flow reached AED 393.3 million.
Trading activity by nationality (June 2013) |
|||
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment - AED |
|
3,066,406,586 |
2,951,824,534 |
114,582,052 |
|
855,812,692 |
1,010,319,871 |
(154,507,179) |
|
1,951,331,930 |
2,304,723,500 |
(353,391,569) |
|
5,873,551,208 |
6,266,867,905 |
(393,316,696) |
|
7,698,559,270 |
7,305,242,574 |
393,316,696 |
|
13,572,110,478 |
13,572,110,478 |
0 |
On the other hand, The value of stocks bought by institutional investors during this month reached AED 3.244 billion comprising 23.9% of the total traded value. The value of stocks sold by institutional investors during the same period reached AED 3.750 billion which constitutes 27.6% of the total value traded. DFM net institutional investment out-flow amounted to AED 506.7 million.
Trading activity by client type (June 2013) |
|||
|
Value of Stocks Bought - AED |
Value of Stocks Sold - AED |
Net Investment AED |
Institutions |
3,243,830,910 |
3,750,499,055 |
(506,668,145) |
Individuals |
10,328,279,568 |
9,821,611,423 |
506,668,145 |
Total |
13,572,110,478 |
13,572,110,478 |
0 |