FEDERATION OF EURO-ASIAN STOCK EXCHANGES
SEMI ANNUAL REPORT OCTOBER 2008
ABU DHABI SECURITIES EXCHANGE
The market capitalization of companies
listed at the ADSM at the end of 2007 was
US$ 121 billion AED 444.9 billion with an
increase of 50%.
Rashid Al Bloushi
Acting Director General
At the end of 2007 the Abu Dhabi Securities
Market (ADSM) had 64 companies listed,
whereas, the number of listed companies at
the end of 2006 was 60. The index increased
from 2,999.66 in 2006 to 4,551.80 in 2007.
The value of trading increased from
US$ 19.2 billion (AED 70.6 billion) in 2006
compared to US$ 47.7 billion (AED 175.3
billion) in 2006, a decline of 26.26%. Moreover,
the daily average value of trading in 2007
increased to US$ 189 million (AED 695 million)
compared to US$ 68 million (AED 250 million)
in 2006. In 2007 there were 252 trading days
compared to 282 days in the previous year.
FUTURE OUTLOOK
• Continue activities to support growth in
listings, turnover and liquidity:
• Encourage listing of family companies
and foreign companies
• Increase system capacity to cope with
growing market volumes
• Enhance IT processes and information
distribution
The number of shares traded in 2007
increased to 52 billion shares compared to
11 billion shares traded over the previous year
2006, an increase of 360%. Moreover, the daily
average of traded shares also rose to around
206 million shares compared with 40 million
shares in 2006.
The market capitalization of companies listed
at the ADSM at the end of 2007 was US$ 121
billion (AED 444.9 billion), compared to US$
80 billion (AED 296.5 billion) at the end of
2006 an increase
of 50%.
The number of executed trades which rose to
1,102,658 trades compared to 715,742 trades
in 2006, an increase of 54%.
• Enhance market standards in the
areas of:
• Corporate Governance
• Capital adequacy and surveillance of
brokers
• Broker education and qualification
• Further enhance registry and CSD
services
• Expand the Bond Market
• Link trading with other international Securities
Markets
• Strengthen regulations and rules including:
• Commercial and capital market law
• Securities Regulation
• ADSM rules for listing, brokers and
trading
CONTACT INFORMATION
Contact Name Mr. Saeed Khaouri
E-mail [email protected]
Website www.adx.ae
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