The net foreign investments during the first quarter of 2017 in Abu Dhabi Securities Exchange (ADX) reached one billion Dirhams, compared with 1.7 billion Dirhams in 2016. Foreign investors bought 3.9 billion shares equivalent of 8 billion Dirhams, and sold 3.8 billion Dirhams equivalent of 7 billion Dirhams.
The institutional investment recorded net trading worth of 100 million Dirhams in the first quarter where they bought 2.4 billion shares equivalent of 7 billion Dirhams and sold 2.8 billion shares equivalent of 6.9 billion dirhams
By the end of the first quarter of 2017, ADX index closed at 4443 points, showing a decrease of 2.3% and 103 points in comparison with the end of 2016.
Trading value by the end of the first quarter of 2017 increased by %7.7 to reach 17.3 billion Dirhams, compared with 16.1 billion Dirhams by the end of the first quarter in 2016. Trading volume reached 10.7 billion shares compared with 10.9 billion shares during the same period of 2016.
Total market capitalization of companies listed on ADX reached 459 billion Dirhams, of which 429 billion Dirhams were for local listed companies, compared with 458 billion Dirhams during the first quarter of 2016, of which 431 billion Dirhams was for local listed companies.
By the end of first quarter of 2017, total number of investors in ADX reached 960,000 investors. Around 1230 new investor numbers were issued during the first quarter of 2017, compared with 1095 numbers in the first quarter of 2016. 1098 numbers were issued for individuals and 132 numbers for institutions.
UAE investors were issued 539 new numbers; while 66 numbers were issued for GCC investors; whereas 299 numbers were issued for Arab investors, and 326 for other nationalities.