FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2012
ABU DHABI SECURITIES EXCHANGE
CAPITAL MARKET DEVELOPMENT AND ECONOMIC OUTLOOK
ADX Performance in 2011
Shares & Market Performance
• ADX General Market Index: at the end of
2011 was (2,402.28) at a percentile change
of (-11.68%) in comparison to (2,719.87) in
2010.
• The traded value in ADX decreased by
(-27%) from AED (34) billion in 2010 to (24)
billion in 2011. Moreover, the average daily
traded value decreased by (-29%) from AED
(137) million in 2010 to AED (98) million in
2011.
• Trading volume decreased by (-9.60%) to
(15.9) billion shares in comparison to (17.5)
billion shares in 2010. The average daily
trading volume decreased by (-10%) to (63)
million shares in comparison to (70) million
shares in 2010.
• During 2011, the number of executed trades
was (283,293) thousand trades compared to
(362,355) thousand transactions in 2010, a
decrease that is (-22%).
• ADX’s market capitalization has declined
from AED (283) billion at the end of 2010
compared to AED (261) billion at the end of
2011, with a percentile change of (-7.8%).
• The number of listed companies in 2011 was
(67) compared to (64) at the end of 2010.
During 2011. Ishraq Properties, which is
listed under Real-estate sector, Insurance
House, and National Takaful Company under
Insurance sector, were listed on ADX.
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• ADX’s listed companies are segmented into
nine sectors according to their services and
certificate of incorporation as follows: the
Banks sector includes (14) companies, the
Real Estate sector includes (4) companies,
the Consumer Staples sector includes (5)
companies, the Investment and Financial
services sector includes (2) companies, the
Industry sector includes (13) companies,
the Telecommunication sector includes (3)
companies, the Services sector includes
(7) companies, the Energy sector includes
(2) companies, and the Insurance sector
includes (17) companies.
The Bond Market at ADX
• The trading value in 2011 was AED (85.7)
Million while the trading value in 2010 was
AED (424.6) Million. The trading volume in
2011 was (1) million units in comparison to
(5.4) million units in 2010. There were 35
traded deals in 2011 in comparison to 73
deals traded in 2010.
Exchange Traded Funds (ETF’s)
•
The Volume of ETF trading in 2011 reached
(476) thousand units; while trading Value
was AED (2.1) Million with 40 executed
trades in 2011, in comparison to a traded
Volume of (2.3) thousand units in 2010 with
a trading value of AED (11.1) Million with
235 transactions.
ADX Achievements 2011
• ADX began providing the Delivery Versus
Payment (DvP) service with effect from
28 April 2011. The Abu Dhabi Securities
Exchange (ADX) introduced DvP following
a recommendation by the International
Organization of Securities Commission
(IOSCO) to its member bodies. DvP is
intended to reduce risk involved in securities
transactions by allowing title to an asset and
payment to be exchanged simultaneously.
DvP is operated in stock markets in other
jurisdictions, such as the London and New
York Stock Exchanges.
• ADX achieved ISO 27001 certification,
and became the first financial market to
define and certify based on auditable
international standard for information security
management system (ISMS), covering
its Trading, Clearing, Settlement, Registry
and Depository services. ADX made it a
tremendous feat, as it is one of the few
organizations who choose to certify its core
business services and information assets,
to make it a practically sensible scope for
its investors and other stakeholders. The
certification was issued after a thorough
auditing and validation by British Standards
Institute, which gives maximum assurance
to the stakeholders that their information
is protected by the Exchange in the best
comprehensive manner. As part of the
certification process, there will be regular
follow up audits to ensure the operational
effectiveness of the system.