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AED26.9 Billion Of Foreign Investments In ADX In H1 |
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The total trading value of foreign investments in Abu Dhabi Securities Exchange hit AED26.9 billion during H1, 2017, accounting for 47.3 percent of ADX total trading during the same period, which amounted to around AED56.5 billion, reflecting foreign investors' growing confidence in the country's economy. Foreign non-Arab investors topped the list with AED15.9 billion of trades, followed by Arab investors with AED6.5 billion, and GCC investors with AED4.4 billion. "The investment environment in ADX over the past few years has played a great role in increasing the market competitiveness for all segments of investors. ADX main strategic goals are to increase market cap and product range, attract and activate a 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 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, with 2276 new investor numbers having been issued, including 2020 for individuals and 256 for institutions. |
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