The $15.6 million net inflow marks the third consecutive session of foreign buying, reversing a brief period of outflows seen in late August.
Banking and real estate stocks captured the bulk of the purchases, with the Emirates NBD and Emaar Properties indices each advancing more than 1% on the day.
The fresh capital improves market depth, narrowing bid‑ask spreads on the ADX General Index and supporting the benchmark’s push toward the 9,800 level.
If oil prices remain above $85 per barrel and the UAE’s fiscal stance stays accommodative, analysts expect the foreign buying momentum to extend into the fourth quarter.
Key insights
- Net foreign purchases of $15.6M represent the third straight day of inflows.
- Banking and real estate sectors absorbed over 60% of the net buying volume.
- ADX General Index bid‑ask spreads narrowed by 4 basis points, indicating improved liquidity.
Why it matters
The sustained foreign inflow signals confidence in the UAE’s economic resilience and could attract additional institutional allocations to Gulf equities. Enhanced liquidity lowers transaction costs for large investors and supports index stability amid global rate uncertainty.
Source: معلومات مباشر