Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 100,593.75 +193.85

Dubai Financial Market Performance – February 2014

Date 03/03/2014

The Dubai Financial Market General Index up 11.9% to 4220.5 points at the end of February compared to 3770.4 points at the end of January. At the sectoral level, indices of four out of the nine sectors represented on DFM ended the month in the green, with the Financial & Investment services sector increasing the most by 27.5%, followed by the Real Estate and the Banking sectors by 13.7%, and 10.3% respectively. The Consumer Staples, Telecommunication, Insurance and Services sectors decreased by 9.9%, 6% and 2.6% and 1.7% respectively. 

DFM_FebRept_2014

The market capitalization increased at the end of this month by 11.5% to reach  AED 313.3 billion compared to AED  281 billion at the end of January. The value of shares traded reached during this month AED 41.7 billion, compared to AED 36.5 billion recorded during January, up by 14.4%. The number of transactions executed during February increased by 1.1% to reach 233.8 thousands compared to 231.3 thousand deals carried out during the previous month. The number of shares traded decreased by 8.9% to reach 20.8 billion shares during this month compared to 22.8 billion shares were traded during January.

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 19.6 billion, or 47.1% of the total traded value in the market. The Banking sector ranked second at AED 9.6 billion or 23%, followed by the Financial & Investment services sector with AED 8.6 billion or 20.5%, the Transportation sector with AED 2.2 billion or 5.4%, the Insurance  sector with AED 626 million or 1.5%, the Telecommunication sector with AED 607.2 million or 1.4%, the Services sector with AED 463.8 million or 1.1%.

The value of stocks bought by foreign investors during this month reached AED 16.8 billion comprising 40.2% of the total traded value. The value of stocks sold by foreign investors during the same period reached AED 16.9 billion comprising 40.5% of the total value traded. Accordingly, DFM net foreign investment out-flow reached AED 164.4 million. 

 Trading activity by nationality (February 2014)         

 

Value of Stocks Bought - AED

Value of Stocks Sold - AED

Net Investment AED

Arab

8,559,298,641

8,275,302,988

283,995,653

GCC

3,851,742,168

4,341,273,703

(489,531,535)

Others

4,339,386,232

4,298,224,067

41,162,164

Total Non UAE

16,750,427,040

16,914,800,757

(164,373,717)

UAE

24,968,315,783

24,803,942,066

164,373,717

Grand total

41,718,742,824

41,718,742,824

 

 

On the other hand, The value of stocks bought by institutional investors during this month reached AED 10.7 billion comprising 25.7% of the total traded value. The value of stocks sold by institutional investors during the same period reached AED 11.7 billion which constitutes 28% of the total value traded. DFM net institutional investment out-flow amounted to AED 925.1 million.

 Trading activity by client type (February 2014)    

 

Value of Stocks Bought - AED

Value of Stocks Sold - AED

Net Investment AED

Institutional

10,735,774,896

11,660,843,145

(925,068,249)

Individuals

30,982,967,928

30,057,899,679

925,068,249

Total

41,718,742,824

41,718,742,824