256 Institutional Investors Register in ADX During First Half of 2017

Press release

Published July 19th, 2017 - 05:34 GMT

H.E. Rashed Al Blooshi, ADX CEO

The total number of investors in Abu Dhabi Securities Exchange (ADX) by the end of the first half of 2017 reached 961,000 investors. Furthermore, ADX has issued 2276 investor numbers during the first half of 2017.

Of the total numbers issued during the first half of 2017, 2020 numbers were issued for individuals and 256 for institutions. 1173 numbers were issued for UAE nationals, 93 for GCC nationals, 455 for Arab nationals, and 555 numbers other nationalities. Additionally, 209 new numbers were issued for foreign institutions during the same period.

Total Trading Value (Buy +Sell)

Total value of trades by UAE investors reached 29.5 billion Dirhams, followed by “other nationalities” with 15.9 billion Dirhams; Arab nationals with 6.5 billion Dirhams of trades, and GCC nationals with 4.4 billion Dirhams of trades.

Foreign & Institutional Investments

Net foreign investments during the first half of 2017 reached 1.72 billion Dirhams, where foreign investors buy value of shares reached 14.3 billion dirhams and their sell value was 12.6 billion dirhams. Whereas net investment value of institutional investors reached 908 million Dirhams during the same period, where institutional investors buy value of shares amounted to 13.4 billion dirhams while their sell value was around 12.4 billion dirhams.

The market capitalization of listed companies in ADX reached 455 billion Dirhams, of which the share of domestic companies was 425 billion Dirhams. The trading value in ADX in the first half of 2017 reached 28.25 billion while the trading volume reached around 17.17 billion shares. At the end of the first half of 2017, ADX index closed at 4425 points, declining by %2.3 from the beginning of the year.

Background Information

Abu Dhabi Securities Exchange

Abu Dhabi Securities Exchange (ADX) was established on 15th of November 2000 by Local Law No. (3) of 2000, the provisions of which vests the Market with a legal entity of autonomous status, independent finance and management, and gives ADX the necessary supervisory and executive powers to exercise its functions.

Moreover, ADX has the authority to establish centers and branches outside the Emirate of Abu Dhabi, and so far it has done so in Al Ain, Zayed City, Fujairah, Ras Al Khaimah and Sharjah.

ADX's board of directors is comprised of seven members nominated by Amiri Decree. The members of the board hold office for a term of three years. The first board of directors was constituted by Amiri Decree No. (8) of 2000.