adxlisted firms market cap hits dh526 billion
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

ADX-listed firms' market cap hits Dh526 billion

Egypt Today, egypt today

Egypt Today, egypt today ADX-listed firms' market cap hits Dh526 billion

Investors as they monitor stock information.
Abu Dhabi - WAM

The market cap of companies listed on the Abu Dhabi Securities Exchange reached Dh526 billion by the end of August, with an increase in the ADX general index by 13.4 per cent from the start of 2018.

By the end of August sessions, the market capitalisation of domestic public companies listed on the ADX increased to Dh495 billion compared with Dh461 billion from the beginning of the year; an increase of 7.5 per cent. In the meantime, the market capitalisation of private listed companies on ADX reached Dh7 billion, compared to Dh2.8 billion from the beginning of the year, an increase of 145 per cent.

By the end of the August 30 session, the market capitalisation of foreign public companies listed on ADX reached Dh24 billion; bringing the total market capitalisation of domestic, foreign and private companies listed on ADX to Dh526 billion.

Rashed Al Blooshi, chief executive of ADX, said: "Continuing efforts towards the accomplishment of the organisational structure and modernisation of working mechanisms and trading systems made the ADX a magnet for domestic and foreign institutions during the recent period. Thus, ADX achieved this remarkable growth in its general index, the market capitalisation of listed companies, the company profit and the value of cash dividends distributed to companies' shareholders."

Al Blooshi said the number of investment institutions that entered the exchange during the first half of this year amounted to 271, bringing the number of domestic and foreign investment institutions operating on the exchange to more than 7,900, where 2,008 are domestic and 5,913 are foreign.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adxlisted firms market cap hits dh526 billion adxlisted firms market cap hits dh526 billion



GMT 06:29 2011 Monday ,14 November

Matthew cruises to win at Ochoa Invitational

GMT 03:34 2017 Wednesday ,22 March

Tillerson to skip NATO meeting next month

GMT 13:44 2013 Friday ,15 March

Israel suppress Palestinian demonstrations

GMT 16:15 2017 Monday ,01 May

Moroccan Workers’ Syndicate

GMT 11:56 2016 Wednesday ,12 October

Toyota, Suzuki eye partnership as industry consolidates

GMT 15:42 2011 Thursday ,23 June

Express checks in with foursquare

GMT 10:49 2017 Sunday ,13 August

Car rams into crowd at violent Virginia rally

GMT 17:45 2013 Sunday ,20 October

5 Indian spices that are good for your health

GMT 08:41 2012 Saturday ,15 September

Italian magazine: will print Kate topless snaps

GMT 08:02 2012 Tuesday ,05 June

Zoe Saldana in Prabal Gurung

GMT 06:11 2012 Saturday ,15 September

Tunisia’s Media Conflict: Journalists fight for freedom

GMT 14:35 2015 Friday ,24 July

Awqaf Minister hails New Suez Canal project

GMT 16:34 2017 Thursday ,28 December

Hitler's Nazi-parade Mercedes set

GMT 11:22 2011 Monday ,10 October

Paul McCartney to play in Moscow in December

GMT 05:17 2015 Friday ,25 September

Pope expresses solidarity with Muslims after stampede

GMT 05:44 2012 Saturday ,21 April

ATV engine 95 HP

GMT 03:01 2011 Monday ,19 September

Laughter, tears at US television\'s Emmy awards

GMT 12:04 2012 Wednesday ,07 March

6 Music animation draws on 10 years of eclectic radio

GMT 01:00 2015 Sunday ,05 April

Barzani congratulates Abadi on Tikrit victory

GMT 13:24 2015 Thursday ,15 October

Tesla installs 'autopilot' update

GMT 06:17 2012 Monday ,02 January

Countries across the world celebrate the New Year

GMT 04:07 2016 Tuesday ,07 June

For new era of self-driving cars

GMT 08:21 2017 Saturday ,23 December

Saudi-Sudanese Deal to Ease Transfers

GMT 11:08 2017 Thursday ,21 December

Asian markets mostly down as tax cut euphoria wanes
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday