June 2009 Dubai, 30th June 2009 (WAM) -- Dubai Financial Market (DFM) overall performance decreased by 5% to reach 1784.45 points by the end of June 2009 compared to 1878.09 points at the end of May. The market capitalization decreased at the end of this month by 3.5% to reach AED 224 billion compared to AED 232.2 billion at the end of May. The value of shares traded during this month reached AED 30 billion, compared to AED 14.9 billion recorded during May, an increase by 101.8%. Number of shares traded increased by 105.6% to reach 20.1 billion shares during this month compared to 9.8 billion shares were traded during the May. Number of transactions executed during June 2009 increased by 89.9% to reach 311,000 compared to 163.700 deals carried out during the last month In terms of sectoral contribution to trading volumes, the real estate and construction sector ranked first in terms of the value of traded shares, to reach AED 17.3 billion, or 57.7% of the total value of shares traded in the market. Investment and financial services ranked second at AED 4.5 billion, or 15.1%, followed by the transportation sector to AED 2.9 billion, or 9.8%, and the banking sector amounted to AED 2.4 billion, or 8%. The insurance sector handled AED 1.9 billion, or 6.2%, and utilities sector amounted 770.5 million, or 2.6%. Communications sector handled AED 155.8 million, or 0.5%, and the material sector ranked last to reach AED 739.700.

The value of stocks bought by institutional investors during this month reached AED 5.943 billion comprising 19.8 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the same period reached AED 6.406 billion which constitutes 21.4 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached AED 463 million during the period. as aggregate sell.

The value of shares bought by foreign investors during this month reached AED 11.413 billion comprising 38 per cent of the total value of stocks traded during the period. The value of stocks sold by foreign investors during the same period reached AED 11.259 billion comprising 37.5 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached AED 154.9 million during the same period, as aggregate buy.