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It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again. ADX Market Capitalization Records a 30 BILLION DIRHAMS INCREASE for first 8 months of Marketing and Institutional Communication Administration Press Release: ADX Market Capitalization Records a 30 BILLION DIRHAMS INCREASE for first 8 months of Abu Dhabi — 18st of September ABU DHABI - Abu Dhabi Securities Exchange ADX market capitalization has jumped to reach billion dirhams during the first eight months of , according to Rashed Al Blooshi, Chief Executive of ADX.

Abu Dhabi Securities Exchange Overview | StockMarketClock

The performance of the ADX is a reflection of the positive economic environment in Abu Dhabi in general, which shows the high level of financial gains and liquidity in the capital city of UAE. Etisalat tops Emirati companies in terms of market value reaching billion Dirhams, whereas the banking sector stood at billion Dirhams. As for the market value of other sectors, the real estate has reached 25 billion Dirhams; 11 billion Dirhams for services sectors, and Around 22 billion Dirhams cash dividends were distributed by ADX listed companies in , which encourages further investments and trades in the ADX.

Abu Dhabi Securities Exchange - Wikipedia

END About Abu Dhabi Securities Market ADX The Abu Dhabi Securities Exchange ADX was established on November 15 of the year by Local Law No. The Law also provides ADX with the necessary supervisory and executive powers to exercise its functions. Provide opportunities to invest savings and funds in securities in order to benefit national economy.

Ensure the soundness and accuracy of transactions and to ensure the interaction between demand and supply in order to determine prices. Protect investors through establishing fair and proper dealing principles between various investors.

United Arab Emirates Stock Market (ADX General) | | Data | Chart

Impose stringent controls over securities transactions to ensure sound and conduct procedure. Develop investment awareness by conduction studies and issuing recommendations in order to ensure that savings are invested in productive sectors.

Abu Dhabi Stock Exchange (ADX) | United Arab Emirates- aqasesuyohaw.web.fc2.com

Ensure financial and economic stability and develop trading methods in order to ensure liquidity and stability of prices of Securities listed on the market.

ADX is a market for trading securities; including shares issued by public joint stock companies, bonds issued by governments or corporations, exchange traded funds, and any other financial instruments approved by the UAE Securities and Commodities Authority SCA.

At the end of , ADX had 71 listed securities with a market capitalization of AED billion USD billion. Those securities include 66 public joint stock companies, 2 private joint stock companies, 1 Exchange Traded Fund ETF , 1 Abu Dhabi Government Fund, and 1 convertible bond. ADX listed companies are allocated in nine sectors; Banking, Real Estate, Consumer Staples, Investment and Financial Services, Industrial, Telecommunication, Services, Energy, and the Insurance sector.

ADX allows for investors to trade through any of the registered brokerages at the exchange through advanced electronic automated services.

ADX has also signed a number of agreements with major financial institutions to provide for custody services, including renowned international corporations; namely the National Bank of Abu Dhabi NBAD , HSBC, Standard Chartered, Deutsche Bank and Citi Banking Group. ADX goals are in line with Abu Dhabi Government Economic Vision The economic plan plays a vital role in ADX strategy since it places the financial market in the context of economic and social development.

The development would be through diverting savings towards investment in the various economic sectors and developing the financial infrastructure of Abu Dhabi to transform the emirate into one of the leading finance and services center in the region.

In , ADX won the Most Innovative Exchange GCC Award. The award, given by Capital Finance International, celebrates achievement, innovation from an international perspective, recognizing organizations with innovative technology products backed by strong management, excellent service standards and sound business models.

Capital Finance International is a leading print journal and online resource reporting on business, economics, and finance. For more information, please contact: Adel Al Dhaheri Manager of Corp.