Wednesday 29, August 2018 by Jessica Combes

Female Emirati investors hold 3.5 billion shares worth AED20 billion

 

By the end of H1 2018, 220,000 Emirati female investors hold 3.5 billion shares with a market value of about AED 20 billion.

Total trading value (buy and sell) during 2017 was around AED 5 billion and about AED 1.8 billion during the first half of 2018, according to statistics released by Abu Dhabi Securities Exchange (ADX).

The statistics were announced during a celebration of the fourth Emirati Women's Day, held this year under the theme, "Women on the Course of Zayed'', and comes in conjunction with President HH Sheikh Khalifa bin Zayed Al Nahyan declaring 2018 the "Year of Zayed”.

ADX Chief Executive Rashed Al Blooshi thanked and praised the female Emirati cadres working in the exchange. The ceremony also included the presentation of certificates of appreciation and symbolic gifts to Emirati female employees working in the exchange.

Al Balooshi highlighted the fact that that Emirati female employees hold more than 58 positions in various market departments in the exchange thus accounting for 46 per cent of the total number of employees, while 31 per cent of these positions held by Emirati female employees are supervisory, reported WAM.

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