2186 investors in the Abu Dhabi market in the first half

Tourists from the United Arab Emirates and Gulf countries increase the occupation of their hotel (Al Ittihad)

Yousef Al Bustanji (Abu Dhabi)

The Abu Dhabi Securities Market (ADX) attracted 2,186 new investors in the first half of the year, bringing the total number of investors to 969,000, a growth of 170 807 during the same period in 2018, according to Khalifa Al Mansouri, interim managing director of Abu Dhabi. Securities.
Al-Mansouri told Al-Ittihad that the number of investment institutions on the market reached 8429 by the end of the first half, of which 6,345 foreign investment institutions, or 75% of the institutions listed on the market.
He added that the number of UAE investors during the first half of 2019 had increased by 25% over the same period in 2018, where the number of 1455 investors had been compared to 1163 investors during the first half of 2018.
He attributed the reason for this large increase to a set of factors and procedures badociated with the commitment of modern scientific methods to market management, based on extensive studies and the constant maintenance of the latest technologies and methods. used in the world of business and finance.
Regarding the size of the capital invested in listed domestic companies and their market value, Al Mansouri said that at the end of the first half of 2019, the market value of local public and private companies was reaching about 520 billion dirhams.
The market capitalization of publicly traded companies increased by 12.1% compared to the same period in 2018, which stood at 463 billion AED.
On the other hand, the turnover rose from AED 17.6 billion in the first half of 2018 to AED 27.4 billion in the first half of 2019, an increase of nearly 60%, with foreigners accounting for 51% of the total. market transactions.
Al Mansouri pointed out that net foreign investment at the end of the first half of 2019 amounted to about 2.3 billion dirhams, registering an increase of 373 percent over the first half of 2018, when net investments were Then raised to 489 million dirhams.
The value of foreign investors (buying and selling) amounted to AED 27.9 billion, compared with AED 12.8 billion for purchase and sale transactions carried out at the end of the year. first half of this year. Net institutional investment in the first half of 2019 reached AED 1.9 billion, compared with AED 947 million in the same period in 2018, an increase of 110%.
The value of institutional investors (sales and purchases) amounted to 41.6 billion dirhams, distributed in the first half of the year between 21.8 billion dirhams and 19.8 billion dirhams sold.