Monday 01, May 2017 by Nabilah Annuar

ADX records a total of AED 1 billion in foreign investment in the first quarter

The net foreign investments during the first quarter of 2017 in Abu Dhabi Securities Exchange (ADX) reached AED1 billion compared with AED1.7 billion in 2016.  Foreign investors bought 3.9 billion shares equivalent of AED 8 billion, and sold 3.8 billion equivalent of AED 7 billion.

The institutional investment recorded net trading worth of AED 100 million in the first quarter where they bought 2.4 billion shares equivalent of AED 7 billion and sold 2.8 billion shares equivalent of AED 6.9 billion.


By the end of the first quarter of 2017, ADX index closed at 4443 points, showing a decrease of 2.3 per cent and 103 points in comparison with the end of 2016.


Trading value by the end of the first quarter of 2017 increased by 7.7 per cent to reach AED 17.3 billion, compared with AED 16.1 billion by the end of the first quarter in 2016. Trading volume reached 10.7 billion shares compared with 10.9 billion shares during the same period of 2016.


Total market capitalisation of companies listed on ADX reached AED 459 billion , of which AED 429 billion were for local listed companies, compared with AED 458 billion during the first quarter of 2016, of which AED 431 billion was for local listed companies.


By the end of first quarter of 2017, total number of investors in ADX reached 960,000 investors. Around 1230 new investor numbers were issued during the first quarter of 2017, compared with 1095 numbers in the first quarter of 2016. 1098 numbers were issued for individuals and 132 numbers for institutions.


UAE investors were issued 539 new numbers; while 66 numbers were issued for GCC investors; whereas 299 numbers were issued for Arab investors, and 326 for other nationalities.


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