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Foreign investors’ buy value in April 2017 reached 1.87 billion Dirhams, representing %56.3 of total shares traded, whereas their sales stood at 1.66 billion Dirhams, representing %50.1 of total shares traded. Subsequently, the net foreign investment in April reached 206 million Dirhams. The institutional investments in April have reached 252.4 million Dirhams.
Index Performance
The general ADX index in April increased by %1.78 to 4522.6. The energy sector scored the highest growth rate at %8.23, followed by banking sector at %5.34, and industry sector at %1.08.
Meanwhile the telecommunications sectors dropped by %3.32, followed by consumer staples sector at %3.1, services sector by %3.09, insurance sector by %2.59, real-estate sector by %2.34, and investment sector by %0.64.
The market capitalization of companies listed on ADX increased by %0.98 to reach 433.83 billion Dirhams compared with 429.62 billion Dirhams in March.
Value of shares traded in ADX dropped to reach 3.322 billion Dirhams compared with 4.479 billion Dirhams in March.
The number of shares traded stood at 1.618 billion shares compared with 1.838 in March. Number of deals reached 25319 compared with 27537 in March.
The average daily traded volume in April reached 166 million Dirhams compared with 203 million Dirhams in March. The number of trading days stood at 20 against 22 in March. 55 companies traded on ADX in April.
Eshraq Properties shares were the most active in April with trades equivalent to 715.8 million Dirhams, representing %21.8 of total trades, followed by Al-Dar Properties at 336.7 million Dirhams (%10.2); Etisalat at 285.6 million Dirhams (%8.7); Abu Dhabi Commercial Bank at 151.1 million Dirhams (%4.6); Dana Gas at 89 million Dirhams (%2.7), and around 1.708 billion Dirhams for the rest of shares (%52).
The banking sector had the lion share of trades with 1.496 billion Dirhams (%45.53) of total trades, followed by the real-estate sector with 1.126 billion Dirhams (%34.26); telecommunications sector with 298.6 million Dirhams (%9.09); energy sector with 153.5 million Dirhams (%4.67); consumer staples sector at 87.7 million Dirhams (%2.67); industry sector at 46.9 million Dirhams (%1.43); insurance sector at 38.9 million Dirhams (%1.19), investment & financial services sector at 25.2 million Dirhams (%0.77), and services sector at 12.9 million Dirhams (%0.39).
