Dubai
Abu Dhabi Securities Exchange (ADX) said the value of institutional and foreign investment in the bourse reached Dh7 billion dirhams during the first half of 2016.
The market value of the companies’ shares that are traded reached Dh450 billion ($122 billion) by the end of July 2016, whereas the net profits made by the companies exceeded Dh17 billion in the first half of the same year, the ADX said in an emailed statement.
Rashid Al Beloushi, the chief executive of the bourse stated that the huge return that can be achieved through investment in ADX has contributed to attracting large numbers of foreign individual and institutional investors over the last period. The total number of investors in the Exchange has reached 960,000 by the end of the first half of 2016, 5,000 of whom were foreign institutions. He also pointed out that the value of the cash dividends distributed to investors by the companies that are listed in the Exchange has reached nearly Dh22 billion during the year 2015, making it one of the highest returns in the Arab gulf region and the Middle East in general.
Talking about Chinese investors, Al Beloushi said number of Chinese investors on ADX reached 251 investors by the end of the first half of 2016, out of which 12 are institutions.
Regarding the activity of Chinese investors in ADX, it has been found that their numbers have reached 251 investors by the end of the first half of 2016, 12 of whom were institutions. On the other hand, the total value of their trading activities has reached over Dh600 million dirhams in the period between 2014 and 2015 while their net investments reached Dh367 million.
