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ADFS Records Highest Market Share In Securities Markets
(12 March 2012)

 

Abu Dhabi Financial Services (ADFS) has gained the highest Market share in the securities markets of the UAE.

ADFS, the securities brokerages firm wholly-owned by the National Bank of Abu Dhabi, the Number One Bank in the UAE, surpassed 8% of the combined market share for the UAE year-to-date.

ADFS witnessed significant increase in volumes and investor interest. According to Abu Dhabi Securities Market (ADX) and Dubai Financial Market (DFM) official published records the combined Year-to-date market traded value was AED30.55 billion and ADFS captured AED2.463 billion. This translates into a combined 8.06% market share year-to-date. This makes ADFS number one broker by combined UAE market share year-to-date.

“The current investor sentiment backed by several factors including healthy dividends announcements have positively reflected on market traded value and ADFS performance. We continue to be fully committed from a long-term perspective to the UAE markets and to becoming a leading regional brokerage firm in the future,” said Aymen Samawi, the Managing Director of ADFS.

“As the leading brokerage firm backed by the Number One Bank in the UAE, our customers have great confidence in our name and capabilities. ADFS strives to always deliver exceptional customer service and provide sell side-research delivered by a leading qualified and experienced team.”

ADFS is a member of ADX, DFM and NASDAQ Dubai. ADFS offers regional brokerage services through direct subsidiary in Egypt and corresponding relationships in Qatar and Saudi Arabia.

 



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