Tuesday 10, January 2017 by Jessica Combes

Abu Dhabi Security Exchange performance in 2016

The Abu Dhabi Securities Exchange (ADX) general index closed in 2016 at 4546 points, a 5.55 per cent increase from closing 2015 at 4307, an increase of 239 points.

The highest level recorded in 2016 was during the second quarter at 4637.

The value of trades in Abu Dhabi Securities Exchange (ADX) in 2016 stood at AED 49 billion compared with AED 60 billion in 2015, a decrease of around 18 per cent. March witnessed the highest level of trades at AED 6.8 billion. Average daily trading value in 2016 was AED 197 million compared with AED 241 million in 2015, a decrease of around 18 per cent.

The volume of trades in ADX witnessed an increase in 2016 amounting to around 29 billion shares compared with about 28 billion shares in 2015, an increase of about six per cent. February was the highest month in terms of share traded volume, with five billion shares traded. Average daily trading volume in 2016 reached 118 million shares, compared to 110 million shares in 2015, an increase of around 7.2 per cent.

The market capitalisation of companies listed on ADX reached AED 475 billion by the end of 2016, from which the market value of local companies was AED 444 billion. July witnessed the highest level with AED 482 billion. In 2015, the market capitalisation stood at AED 437 billion of which local companies’ stake was AED 412 billion.

By the end of third quarter of 2016, companies listed on ADX gained AED 29.8 billion in profits compared with AED 30.9 billion in 2015, declining by 3.5 per cent. The insurance sector came out on top with a 290 per cent increase, followed by the real-estate with 15.9 per cent, and telecommunications with 10.2 per cent.

By end of 2016, ADX had around 961,807 registered investors. 3,874 investor numbers were issued in 2016 compared with 8,192 numbers in 2015. Of the total numbers issued in 2016, 3,348 numbers were issued for individuals and 526 for institutions and 1,710 numbers were issued for UAE nationals, 245 for GCC nationals, and 830 for Arab nationals, and 1,089 numbers other nationalities.

In 2016, the total value of trades on ADX reached around AED 98 billion. UAE investors had the lion share with AED 51 billion. UK investors topped the foreign investors list with around AED 10 billion, followed by investors from the USA with AED 7.5 billion; Jordanian investors with AED 3.4 billion; Luxemburg investors with AED 2.7 billion, and Saudi investors with AED 1.8 billion. Accordingly, non-UAE investors represented 48 per cent of the total value of trades conducted on ADX in 2016, a five per cent increase compared to 53 per cent in 2015.

Net foreign investments in ADX in 2016 reached around AED 3.4 billion Dirhams compared to AED 5.8 billion in 2015 which is a decrease of around 41 per cent. Non-UAE investors purchased 12 billion shares, equalling AED 25 billion, and sold 11.8 billion equalling AED 21.6 billion.

USA investors topped foreign investors in terms of net investment with around AED 2.1 billion, followed by UK investors with AED 500 million; Singapore investors with AED 292 million, investors from Holland with AED 275 million, and Kuwaiti investors with AED 274 million.

Institutional investments in ADX recorded a net investment equalling AED 5 billion compared with about AED 7 billion in 2015, a 28 per cent decrease.

The market value of shares belonging to UAE investors jumped to reach AED 401 billion by the end of 2016, compared with AED 370 billion by the end of 2015, an 8.5 per cent decrease. Meanwhile the market value of shares owned by non-UAE investors reached AED 41.5 billion, compared with AED 29 billion by the end of 2015,a 6.5 per cent increase.

  

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