Net foreign investment in Abu Dhabi Securities Exchange reached AED 2.2 billion since the beginning of 2019

02-05-2019 Media in\ Abu Dhabi

Net foreign investment in the Abu Dhabi Securities Market (ADX) doubled during the first four months of 2019 after it reached AED 2.2 billion, an increase of AED 1.1 billion compared to AED 1.1 billion in the same period of 2018.

The official figures published by the market show that the increase in net foreign investment, “non-Arab foreigners, Gulf and non-Arab foreigners,” was accompanied by a rise in the total value of transactions they carried out, either by selling the first purchase during the period from the beginning of January to the end of April this year, About 34 billion dirhams.

The total turnover of this segment of investors amounted to about 23.76 billion dirhams in the same period of 2018.
It is clear from the analysis of the data issued by the market that the bulk of foreign liquidity recorded for non-Arab foreign investors in an indicator of the importance of the market by this segment of investors, whether individuals or institutions.

Non-Arab foreign investors bought around 1.324 billion shares worth AED 8.535 billion, while they sold 1.131 billion shares worth AED 6.475 billion.

Their net investment exceeded AED 2 billion by the end of April.

Gulf investors bought 246 million shares worth AED 886 million and sold 278 million shares at a total value of AED 720 million, while buyers bought AED 570 million and sell transactions at 580 million dirhams.