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ADX market cap hits AED464b in 2014
(11 January 2015)

 

Abu Dhabi Securities Exchange (ADX) General Index increased 238 points during 2014, closing at 4528 points, an increase of 6% compared to 2013 when the index closed at 4290 points. ADX index witnessed a continuous rise during the first and second quarters of the year 2014, reaching its highest during the second quarter of 2014 at 5253 points.

According to a report issued by ADX today, the total trading value increased significantly during 2014 amounting to around AED 145 billion, compared to about AED 85 billion in 2013, an increase of about 70%. January was the highest month in terms of traded value, with about AED 23 billion worth of shares traded.

Average daily trading value in 2014 reached AED 579 billion, compared to AED 339 billion in 2013, an increase of 70%.

Total trading volume in ADX also witnessed an increase amounting to around 58 billion shares compared with about 51.5 billion shares in 2013, an increase of about 13%. January was the highest month in terms of share traded volume, with 10 billion shares traded.

Average daily trading volume in 2014 reached 233 billion shares, compared to 206 billion shares in 2013, an increase of around 13%.

The market capitalization of all listed companies on the exchange reached more than AED 464 billion at the end of 2014, of which about AED 417 billion was for local listed companies. The month of May topped the monthly market capitalization for the year.

As for the year 2013, the market capitalization of all listed companies in the exchange reached about AED 449 billion, of which AED 402 billion was for local listed companies.

Companies listed on the Abu Dhabi Securities Exchange recorded a net profit of AED 35 billion at the end of the third quarter of 2014, compared with AED 29 billion at the same period in 2013, an increase of 18.3%. The highest recorded increase was in the Finance & Investment Sector with an increase of 398.6%.

The total Investor Numbers issued by the Abu Dhabi Securities Exchange since inception and up to the end of 2014 was around 951 thousand numbers.

19,251 Investor Numbers were issued in 2014 compared with 15, 856 issued in 2013. The Investor Numbers issued in 2014 were distributed among 17,942 individuals, 1304 institutions, and five government agencies.

As for the distribution of Investor Numbers by nationality, UAE nationals accounted for 5946, while GCC nationals accounted for 929, other Arab nationals for 6548, while 5828 numbers were issued for other nationalities.

Net foreign investment in Abu Dhabi Securities Exchange increased in 2014 to reach around AED 3.5 billion, compared to AED 2 billion at the end of 2013, an increase of 75%.

The total number of shares bought by foreign investors, non UAE nationals, amounted to approximately 23 billion shares with a value of AED 61.5 billion, with shares sold amounting to approximately 22 billion shares, worth an estimated of AED 58 billion.

The number of foreign institutional investors registered in Abu Dhabi Securities Exchange also increased to reach 1106 institutions in 2014, compared with 380 in 2013, an increase of about 191%. This increase brings the number of foreign institutional investors registered in ADX since its inception to more than 3500 institutions.

The market value of shares owned by foreign investors, non-UAE nationals, has increased in 2014 to reach AED 37 billion compared to AED 34 billion at the end of 2013, an increase of about 9%.



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