Foreigners Can't Stop Selling in the Worst Stock Market of 2018
- Overseas investors are net sellers of about $232m in Dubai
- Dubai’s main stock index is down 25 percent so far in 2018
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Foreigners don’t seem to want to enter the new year holding shares in the worst performing market of 2018.
Overseas investors in Dubai’s main stock exchange were net sellers of 853 million dirhams ($232 million) of shares as of the end of last week, the most for a single year since the data started being provided. The category excludes investors from the six-nation Gulf Cooperation Council and other Arab countries.