ADX organises a lecture on Stock prices change

Press release

Published May 21st, 2014 - 10:17 GMT

Al Bawaba

In support of its efforts to enhance financial awareness, Abu Dhabi Securities Exchange (ADX) recently organised a lecture on stock prices changes for its investors at ADX headquarters.

The lecture was given by Dr Hassan Yassin, a consultant at ADX, who explained the most important factors that can affect stock prices. Dr Yassin pointed out that some of these relate to the listed companies who issue their shares in the stock market, and some to the sectors in which these companies are classified. In addition there are other factors which reflect the impact activities of investors and trading patterns can have on share prices. The presentation also highlighted the impact of other economic factors that affect share prices such as inflation, interest rates as well as certain non-economic factors.

ADX is committed to increase the general level of understanding among investors about the trends and risks involved in equity investment, which is in line with its vision to achieve a secure and stable investment market. This lecture formed part of the many financial awareness initiatives that ADX has been conducting, including site visits to schools, universities and governmental entities.

Mr. Abdul Aziz Al Neaimi, Assistant CEO for Support Services at ADX commented: "ADX is committed to best practice, and to providing a world class service to our clients and investors. We want to empower our clients with as much financial awareness as possible to allow them to make successful investment decisions. ADX will continue its series of programmes and events to increase awareness throughout the year in collaboration with relevant parties."

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.