Foreign investments worth $300mln pour into Abu Dhabi shares in first nine months: stock market chief | ZAWYA MENA Edition

Foreign investments worth $300mln pour into Abu Dhabi shares in first nine months: stock market chief | ZAWYA MENA Edition:

The net foreign investments in the Abu Dhabi Securities Exchange (ADX) stood at 1.1 billion dirhams ($300 million) for the first nine months of 2018, Rashed Al Blooshi, the chief executive of ADX said on Monday.

“The foreign net position is positive and stood at 1.1 billion dirhams,” Al Blooshi told reporters on the sidelines of the annual conference of the Federation of Euro-Asian Stock Exchanges (FEAS) in Abu Dhabi.

ADX’s manager of corporate communications, Abdulrahman Saleh Al-Khateeb added that the total institutional investment inflows were around 1.6 billion dirhams for the same period.