Capital of listed public joint stock companies grew by 1 percent in 2018

Media IN ABU DHABI, 17th June, 2019 (WAM)

The capital of public joint stock companies listed by the Securities and Commodities Authority amounted to approximately AED412 billion in 2018, a growth of 1 percent on year, according to statistics obtained from official sources.

The capital of Abu Dhabi Securities Exchange-listed firms stood at AED94.8 bn, while the Dubai Financial Market held AED115.2 billion, with un-listed companies holding AED201.8 bn in capital.

According to official figures, 168 firms are listed at the country’s two main bourses, 119 of which are non-government and 49 are state-run.

Investment and financial services companies account for AED149.3 bn in capital, followed by banks, AED75.2 bn; real estate, AED58.6 bn; transport, AED32 bn; services, AED28.1 bn; energy, AED22; insurance, AED14.5 bn; consumer goods, AED10 bn; and manufacturing, AED7.7 bn.

A total of 70 firms are listed in ADX, accounting for 51 percent of firms trading nationwide, with DFM listing 67 companies, or 49 percent thereof.