Abu Dhabi Securities Market (ADSM) announces today that the market will close for the Eid holiday from Saturday 21st October 2006.
If the first day of Eid-al-Fitr falls on Sunday 22nd October, ADSM will be closed until Tuesday 24th October. The market will re-open on Wednesday 25th October.
If the first day of Eid-al-Fitr falls on Monday 23rd October ADSM will be closed until Thursday 26th October. It will re-open on Sunday 29th October.
On behalf of ADSM, Rashed al Baloushi, Acting Director General, would like to wish everyone ‘Eid Mubarak’.
About ADSM
Established in November 2000, Abu Dhabi Securities Market is the largest stock exchange in the UAE in terms of number of listed companies. It has 60 listed securities with a combined market capitalisation of US$94 billion. Since it was established the number of brokerage firms has grown sixfold, there are 50 times as many shareholders registered and the number of branches has grown to 6 throughout the UAE. Through electronic links, ADSM's listed companies are also visible in Muscat and Dubai. ADSM is a model emiratisation employer with UAE nationals making up about 74% of the team head count.
