Foreign investors total trading value in ADX Reaches AED 26.9 billion during first half of 2017
Total trading values (buy and sell) of foreign investors in ADX reached AED 26.9 billion Dirhams during the first half of 2017 – thus representing 47.3 per cent of the total trading value on ADX during the same period which amounted to around AED 56.5 billion.
Foreign non-Arab investors topped the list with 15.9 billion Dirhams of trades, followed by Arab investors with AED 6.5 billion, and GCC investors with AED 4.4 billion.
“The investment environment in ADX during the past few years have played a great role in increasing the competitiveness of the Exchange for all segments of investors. ADX main strategic goals are to increase market cap and product range, attract & activate wider range of investors in the framework of enhancing the competitive environment for doing business and attracting investment into the Emirate.” said Rashed Al Blooshi, ADX Chief Executive.
Al-Blooshi also added that ADX will launch new services later this year, including the technical short-selling service.
The total number of investors in ADX by the end of first half of 2017 reached 961,000 investors. ADX has issued 2276 new investor numbers, 2020 for individuals and 256 for institutions.