Dubai:
The daily volume on Abu Dhabi Securities Exchange (ADX) in September reached Dh146 million and increased by 4.9 per cent compared to Dh139 million in August.
September had 17 days of trading compared to 23 days in August — while 49 companies were active in the index.
The ADX climbed 0.12 per cent in September to reach 4,476 and become the second growing index in the Gulf Cooperation Council region after Bahrain. The retail sector gained 6.15 per cent followed by telecommunications 1.27 per cent and the banking sector 0.67 per cent.
Meanwhile the services sector has declined by 7.94 per cent, and the industry sector by 4.77 per cent. The energy sector has also declined by 3.84 per cent; real-estate by 2.55 per cent; investment and financial services by 1.17 per cent and insurance sector by 0.12 per cent.
The market value of (ADX) has increased by 0.45 per cent to reach Dh442.54 billion compared to 440.58 in August 2016. The volume reached Dh2.5 billion compared to Dh3.2 billion in August.
Furthermore, around 1.226 billion shares were exchanged compared with 1.422 billion in August, and the total deals reached 20,140 compared with 25,405 in August.
The First Gulf Bank shares were the most active with deals reaching Dh407 million and 16.7 per cent of the total ADX deals, followed by Aldar shares (Dh404.8 million and 16.6 per cent of total deals); Al-Sharq (Dh388 million and 15.95 per cent of total deals); etisalat (Dh345 million and 14.2 per cent of total deals); Abu Dhabi Commercial Bank (Dh171 million and 7 per cent of total deals).
Foreigners invested around Dh1.466 billion in ADX (59 per cent of total volume), and their selling actions reached Dh1.327 billion or 53.4 per cent of total volume. Consequently, the net foreign individuals investment in ADX reached Dh139 million.
The institutional investment in September reached Dh183 million. Accordingly, both foreign individuals and institutions have invested around Dh322.2 million in September.
