JUNE 2013 - FEAS

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT JUNE 2013
ABU DHABI SECURITIES EXCHANGE
The index increased from 2,402.28 in 2011
to 2,630.86 in 2012.
Rashed Al Baloushi
Deputy Chief Executive
At the end of 2012 the Abu Dhabi Securities
Exchange (ADX) had 66 companies listed,
whereas, the number of listed companies at the
end of 2011 were 67. The index increased from
2,402.28 in 2011 to 2,630.86 in 2012.
The value of trading decreased from US$ (6
billion) (AED 22.1) compared to US$ 6.7 billion
(AED 24.8 billion) in 2011 to 2012, a decrease
of -10.78%. Moreover, the daily average value
of trading in 2012 US$ (23.9) million (AED 87.8
million), compare to 2011 US$ 26 million (AED
98 million). In 2011 and 2012 there were 252
trading days.
The number of shares traded in 2012 (16.4)
billion shares compared to (15.9 billion) shares
in shares traded over the previous year 2011,
an increase of 3.38%. Moreover, the daily
average of traded shares also increased to
65 million shares in 2012 compared with 62.9
million shares in 2011.
The number of executed trades declined to
258,620 trades in 2012 compared to 283,293
trades in 2011, a decrease of-8.71%.
The market capitalization of companies listed
at the ADX at the end of 2012 was US$ (77.6
billion) AED (285 billion). In 2011 was US$ (71.3
billion) AED (262 billion) with an increase of
3.6%.
HISTORY AND DEVELOPMENT
Abu Dhabi Securities Exchange (ADX) was
established in November 2000 as the official
stock exchange of the Emirate of Abu Dhabi,
the Federal Capital of the United Arab Emirates
(UAE). ADX is a market for trading securities
including shares issued by public joint stock
companies, bonds issued by governments and
corporations, exchange traded funds and any
other financial instruments approved by the UAE
Securities and Commodities Authority (SCA).
ADX has 68 listed Securities and a market
capitalization of AED 249 Billion ($77 billion
US$) as of December 31st 2012 and an investor
base of 915,387 as of the end of 2012.
Investors can trade securities listed on ADX
through any of its registered brokers using
different means of communication including the
online trading. ADX has custody agreements
with HSBC, National Bank of Abu Dhabi,
Standard Chartered Bank, Deutsche Bank and
Citi Bank.
In alignment with the Abu Dhabi Government’s
Economic Vision 2030, ADX aspires to be the
exchange of choice by developing the capital
market through legal environment that ensures
disclosure, transparency and integrity.
FUTURE OUTLOOK
In 2013 ADX will:
• Implement a New Trading System (Xstream)
• Provide Registrar services
• Further promote listed investment products
• Have Central Bank as official Settlement
Bank
• Further enhance DVP
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