ArabianBusiness.com - Middle East Business News
Sunday, 22 November 2009 03:48 UAE time

YOUR DIRECTORY /

Abu Dhabi Securities Exchange (ADX)

Main Category: Stock Exchange
First Address : PO Box 54500
Second Address : Al Ghaith Tower, Hamdan Street
City : Abu Dhabi
Country : United Arab Emirates
Phone: 971 2 6277777
Fax: 971 2 6128728
Email: info@adx.ae
Website: www.adx.ae


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ALL STORIES LIST


Dubai index posts biggest one-day gain since Feb

UPDATE 6: Real estate, bank stocks surge on DFM while Kuwait closes higher.

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Property shares weigh heavily on UAE markets

UPDATE 6: Gulf markets struggle as Kuwait, Qatar, Bahrain, Saudi and Oman also close lower.

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Banks to provide details of Saudi exposure

UPDATE 2: UAE bourses direct banks to detail exposure and provisions for Saad, Algosaibi.

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Gulf markets struggle amid sliding oil price

UPDATE 6: Declines in property sees Abu Dhabi index fall for first time in 11 sessions.

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Abu Dhabi talked up by ADX CEO

Official says Abu Dhabi has plenty to offer, but would benefit from a higher profile as a financial centre.

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Mixed fortunes for Gulf markets

UPDATE 8: Dubai, Saudi and Kuwait reverse early losses to finish day in positive territory.

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Dubai index suffers biggest drop since Jan 21

UPDATE 9: Saudi, Qatar, Kuwait and Abu Dhabi markets fall while Oman advances.

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Bourse mergers in Gulf unlikely - Saudi, Abu Dhabi

Current market crisis won't precipitate consolidation among bourses in Gulf region.

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Kuwait index closes at 2009 high

UPDATE 7: Abu Dhabi, Dubai, Qatar, Oman bourses also rise while Saudi exchange falls.

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Broad rally across Gulf stock markets

Saudi surge on Saturday raises hopes that impact of cedit crunch is beginning to diminish.

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ADX chief blames lack of liquidity for shares slump

Abu Dhabi market CEO also supports idea of GCC-wide capital market during speech.

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Abu Dhabi exchange delays 1st ETF until April

ADX acts on market conditions - exchange has already delayed launch once before.

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ADX signs cooperation deal with Shanghai Exchange

Gulf's bourse seeks to attract Chinese companies to list in Abu Dhabi.

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ETF markets to be developed on ADX

The Abu Dhabi Securities Exchange (ADX) plans to develop markets for exchange traded funds this year.

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ADX outlook 'positive' despite global crisis

Long-term plans for transparency remain on-track for Abu Dhabi Securities Exchange.

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Technical fault delays trading at Abu Dhabi bourse

ADX temporarily suspends all market activity as several brokers were left unable to access the system

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Gulf markets rise on year-end positioning

UPDATE 4: Exchanges in UAE, Qatar, Kuwait and Saudi all close higher, while Bahrain finishes down.

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UAE bourses hit fresh four-year lows

UPDATE 5: Elsewhere Oman and Saudi also fall, while Kuwait, Qatar and Bahrain rise.

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Oil price fears hammer Gulf stocks

UPDATE 4: Negative sentiment sees all but one of the region's seven markets falling into the red.

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Gulf markets slump on oil price fears

UPDATE 4: The majority of markets fall, with Dubai, Abu Dhabi and Kuwait leading drop.

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Oman bucks decline in Gulf markets

UPDATE 5: Muscat is only exchange in region to close higher as banking shares weigh on UAE.

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Mixed fortunes for Gulf markets

UPDATE 7: UAE, Saudi, Oman indices rise but Kuwait and Qatar both finish in negative territory.

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Qatar bucks trend as most markets fall

UPDATE 6: UAE exchanges extend losses into third day, Qatar rises on back of new gov't funds, Saudi flat

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Arabtec shares buck UAE trend with 8% rise

UPDATE 5: Construction firm's shares buoyant amid contract news but UAE indices end down.

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Gulf stocks reverse early gains to close lower

UPDATE 4: Investors concerned economic impact of global credit crisis could be get worse.

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Most Gulf markets rise on return from holiday

UPDATE 2: UAE, Qatar exchanges in positive territory but Doha down following Eid al-Adha.

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Mixed fortunes for Gulf markets ahead of holidays

UPDATE 5: Late rally sees Dubai up but Saudi, Oman and Kuwait lower in run-up to Eid Al Adha break.

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Gulf bourses rise on Saudi surge

UPDATE 5: Investor confidence given boost by gains in global markets and Saudi rally in previous session.

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Arabtec shares soar for third successive day

UPDATE 5: Gulf exchanges enjoy days of positives, tracking markets globally.

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Kuwait market closes lower after gov't walkout

UPDATE 7: Elsewhere, Arabtec continues surge, mixed fortunes for other indices.

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Arabtec soars 15% as most Gulf markets rise

UPDATE 7: UAE, Oman, Kuwait and Qatar all end in positive territory, Saudi and Bahrain fall.

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Saudi shines on day of Gulf negatives

UPDATE 4: Dubai exchange leads the decline as Saudi Arabia's index is sole riser in region.

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Gulf markets fall on regional economic fears

UPDATE 5: All seven markets in negative territory, Saudi and Dubai down around 4%.

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UAE markets end down on day of mixed fortunes

UPDATE 4: Dubai exchange hovers just above 2,000 mark, Oman, Qatar see gains.

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Gulf markets rise on improved sentiment

UPDATE 4: Abu Dhabi, Saudi are only exchanges that close lower as bargain hunters flood in.

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Emaar shares fall 10% as Dubai market suffers

UPDATE 6: Property giant's stock value dips below 3 dirhams as Dubai index loses 5%.

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Dubai shares lift index back above 2,000 mark

UPDATE 6: Emaar up 14% in real estate rebound, but Kuwait, Bahrain close down.

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Gulf market rout continues

UPDATE 7: Five of seven regional markets close lower, with Dubai's main index breaching 2,000-point mark.

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ADX chief calls for joint action to deal with turmoil

Abu Dhabi CEO says stock markets must work together to bring back investors.

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Gulf stock markets slump again

UPDATE 8: Dubai's main index loses more than 5%, while region's other exchanges also struggle.

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Markets suffer across the Gulf

UPDATE 6: Dubai leads drop as index plummets over 7%, Saudi's benchmark slumps more than 5%.

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Emaar breaches 5-dirham mark as Gulf shares slump

UPDATE 6: Dubai leads decline in Gulf, with only Oman's exchange bucking trend.

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Emaar leads Gulf stock plunge

UPDATE 3: Real estate and banking stocks bear brunt of selling, all markets bar Saudi end lower.

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Dubai bourse down to lowest mark since 2004

UPDATE 4: All region's exchanges end lower - tracking earlier declines in Asia and US.

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ADX to target Asian dual listings

Exchange has been in talks with banks to encourage Asian corporates, says chief exec.

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Gulf exchanges rise after historic Obama victory

UPDATE 6: Oman is star performer while all Gulf markets improve after election result.

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Most Gulf markets in positive territory

UPDATE 6: Small gains for region's exchanges while Bahrain's Batelco has shares suspended.

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Saudi's exchange bucks Gulf trend by ending higher

UPDATE 6: Most Gulf exchanges close lower, with real estate, bank shares leading fall.

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Gulf stocks make strong start to week

UPDATE 5: Most markets in region close higher following strength in US stocks on Friday.

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Dubai up but Abu Dhabi down on day on mixed fortunes

UPDATE 2: Thursday trading is mostly positive on exchanges in Gulf region.

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Kuwait market falls amid Gulf Bank concerns

UPDATE 7: Oman, Qatar, Abu Dhabi all close up but Dubai and Saudi are down.

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Abu Dhabi bourse to delay ETFs

CEO Tom Healy says first ETFs not likely to be listed 'until early next year' due to market turmoil.

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Abu Dhabi bourse sees 40-60 IPOs in pipeline

Number of companies expected to double after change in law, says chief exec.

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Global concerns continue to weigh on Gulf markets

UPDATE 5: Most markets extend losses with Dubai, Saudi bucking downtrend.

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Gulf stocks suffer further losses

UPDATE 4: All seven bourses extend drop from the previous session amid fears of global recession.

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Gulf markets drop sharply on global fears

UPDATE 4: Drop led by Qatar and Oman, with both main benchmarks shedding over 8%.

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Abu Dhabi exchange chief says GCC economies 'strong'

ADX chief exec says recent shares volatility does not reflect strength.

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Abu Dhabi exchange supports ETF strategy

ADX's deputy chief exec says he wants to bring exchange traded funds to investors.

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ADX may act to curb 'hot money'

Abu Dhabi bourse will take measures if short term stock market plays causes market instability.

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Gulf markets slump again

Volatility in Gulf markets continues after a US proposed bailout fails to restore investor confidence.

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Gulf bourses extend decline

Investors sceptical about US move to rescue collapsing financial system weigh on markets in Gulf.

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Markets rebound after days of volatility

UPDATE 1: Qatar leads rally in Gulf, main index makes biggest one-day gain in at least 2 years.

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Turmoil continues in Gulf markets

UPDATE 6: Volatility continues with real estate and bank shares rebounding after early losses.

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Gulf markets pummelled by Wall St crisis

UPDATE 7: Markets end down, Dubai, Abu Dhabi recover sharp losses as foreigners bail.

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Black day for Gulf markets as stocks nosedive

Main indexes end day down, with Qatar down 6%, Abu Dhabi and Dubai down 3%.

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Five Gulf bourses close lower

All Gulf bourses but one end Sunday lower, negative sentiment exacerbated by lower volumes.

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Gulf markets fall after pull-out

Gulf Arab stocks plunge as weaker oil prices and tensions with Iran compound broad selloff.

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DFM ends week lower amid crackdown

Dubai Financial Market ends week low, lead by real estate stocks fears over probe.

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Real estate arrests to hit UAE markets

News that senior figures at Nakheel and Tamweel are being investigated likely to weigh on stocks.

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Oman recoups some losses, UAE markets rise

Shares of Bank Muscat and Raysut Cement Co led Muscat's main index to a higher close.

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Gulf markets end lower as world stocks decline

Oman's main index falls more than 3%, its sharpest one-day decline in over six months.

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Saudi Maaden soars on debut as Saudi index slumps

Saudi Arabia's main index declined, led by Saudi Basic Industries Corp and Al-Rajhi Ban.

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SABIC, Al-Rajhi lead Saudi to lower close

Saudi's index, the worst-performing measure in the Gulf Arab region, falls 0.88 percent.

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Real estate lifts Abu Dhabi, Bahrain extends fall

Property shares led Abu Dhabi's main index to close higher for second day, Sorouh, Aldar Properties rise

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Abu Dhabi up, properties weigh on Dubai

Abu Dhabi's main index edged up 0.02% to 4,889.68 points led by Taqa which rose 2.43%.

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StanChart deal to help promote Abu Dhabi bourse abroad

Foreign investors now hold 13% of stock following roadshows in US, London and Asia.

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Qatar slips as Iran tensions weigh

Doha index drops for seventh straight trading day; slump on global markets pulls down UAE bourses.

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Iran fears extend Qatar fall, Oman, Kuwait close higher

Qatar's index surrendered early gains to close down for a sixth session in a row.

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Iran tensions continue to weigh on Gulf markets

Only UAE markets close higher as geopolitical concerns batter stocks across region.

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Abu Dhabi bourse trebles trading performance

Stable and sustainable market helps ADX to achieve huge growth in trading.

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Investors panic after Iran threat

Markets across much of Gulf decline following Tehran threat to close Strait of Hormuz if attacked.

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Saudi extends gains into second day

Kingdom's index ends higher helped by banking stocks, while Dubai's slumps for fourth straight session.

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Saudi gains as banking stocks rally

Main index rises more than 1% after bumper results from Riyad Bank spark surge in banking stocks.

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Banks, real estate lead Abu Dhabi, Dubai down

Banking, real estate stocks steered Abu Dhabi's main index to end lower after three days of gains.

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DIFX eyes derivatives trading launch

DIFX could become first Gulf exchange to offer futures and options trading.

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Gulf markets rebound, led by Abu Dhabi, Qatar

Markets shrug off negative sentiment caused by concerns over Iran-Israel conflict.

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Geopolitical fears continue to weigh on markets

Stock markets across much of Gulf close down, led by Qatar, Abu Dhabi and Oman.

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Qatar posts biggest fall in month

Shares of Industries Qatar, Qatar National Bank led Doha to its biggest one-day loss in over a month.

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Saudi leads declines across Gulf

Kingdom's main index ends 1.55% lower, paced by SABIC and Al-Rajhi Bank.

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Kuwait hits all-time high, Oman slumps

Kuwait's main index gains 0.25% to 15,654.80 points, extending record-breaking rally into seventh day.

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Kuwait extends record rally, Abu Dhabi slips again

Kuwait hits 7th straight record close, while UAE capital's index slumps for 6th session.

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Kuwait touches another record high

Main index adds 0.29%, helped by gains in Kuwait Finance House and National Bank of Kuwait.

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Kuwait makes it 3 straight record closes

Main index bucks regional trend as markets across much of Gulf finish down for day.

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Kuwait sets fresh record close

Benchmark makes it four consecutive positive closes, while Dubai's index drops almost 2%.

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Abu Dhabi leads charge on bullish day for Gulf markets

Abu Dhabi's two main developers surge for second day on back of EFG-Hermes report.

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Oman plummets, Bahrain touches record high

Muscat's main index drops more than 2% as shares of Bank Muscat sink 5.46%.

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Banks lead Qatar to highest close in two weeks

Main index closes up for 7th straight session, while Oman, Abu Dhabi continue winning form.

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Qatar up again, Oman back to winning ways

Doha's index makes it six gains in a row, while Muscat's breaks two-day slump.

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Qatar makes it five gains in a row

Main index finished day up 1.36%, with Saudi, Kuwait, Dubai and Bahrain also closing higher.

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Qatar continues sparkling run of form

Main index ends day up for fourth session, while Oman slips up thanks to bank and telecom stocks.

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Oman drops for second straight day

Muscat's main index ends down along with Saudi and Abu Dhabi, while remaining markets close higher.

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Kuwait contines bullish run

Main index piles on gains for fifth straight day, with Abu Dhabi, Bahrain and Qatar also closing higher.

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Oman posts consecutive records

Muscat benchmark finishes up 0.16%, while Saudi Arabia and UAE's measures also end the day higher.

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Banks drag Saudi market lower

Main index ends lower for second consecutive session as lenders Samba and Saudi Fransi drop.

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Qatar continues bull run, paces Gulf markets

Doha index climbs on strong earnings expectations from flagship company Industries Qatar.

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UAE bond sales aim to deepen debt markets

Ras Al-Khaimah prices $272mn of sukuk; Abu Dhabi unveils second bond sale.

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Qatar continues to lead Gulf markets

Muscat's main index posts new multi-year high as markets acorss much of Gulf claw back losses.

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Smaller Gulf markets set pace

Oman, Qatar and Bahrain all finish higher, continuing to leave remaining GCC stock markets in their wake.

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Gulf shares end down on profit taking

Oman and Bahrain only markets to sustain rally as investors bank profits on rising markets.

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Al Fahim Group plans IPO

The Al Fahim Group, one of the largest family business groups in the UAE, is to list on the Abu Dhabi Securities Market within the next two years, according to Honorary Chairman Mohammed Al Fahim.

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Oman, Qatar hit fresh highs as other markets decline

Oman ends day above 11,400 points for first time, while Qatar touches 28-month high.

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Banks recover losses to drive markets higher

Saudi the only loser, with the rest of Gulf's markets all ending up for the day.

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Markets get week off to sluggish start

Kuwait, Oman, Qatar and UAE indexes all fell as banks and developers drag on main indexes.

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ADX to list Japan, Taiwan ETFs by year-end

Abu Dhabi bourse looks to attract foreign investors through exchange traded funds.

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Banks help Gulf markets finish week on high

Abu Dhabi's benchmark led the gains, reversing a two-day losing streak to rise 0.17%.

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Saudi bourse sees sixth straight day of losses

Banking stocks lead declines as investors book profits in stocks that rallied last month.

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Kuwait bourse sets fresh lifetime high

Index crosses 15,000-point mark for a second day, while Saudi benchmark falls for fifth consecutive day.

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Abu Dhabi bourse renamed

ADSM to be known as Abu Dhabi Securities Exchange (ADX) from today.

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Abu Dhabi bourse rebrands, eyes foreign listings

Market to be known as ADX, part of drive that aims to attract foreign companies.

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Kuwait hits fresh all-time high in intraday trading

Index climbs 1.14% to 14,923.20 points after hitting 14,923.30 during session.

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Global market

Tom Healy, CEO of the Abu Dhabi Securities Market, explains why the exchange is taking an international perspective to help it grow.

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Stocks rebound, led by developers

Markets across the Gulf closed higher on Thursday to recover from the previous day's losses.

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Market fall led by banking sector

Kuwait's index only one to finish day up as poor performances by lenders temper recent gains.

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Saudi market hits two-month high

Benchmark finishes above 10,000 points as markets across much of Gulf end day in positive territory.

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Oman and Saudi pace Gulf market gains

Muscat's index sets yet another all-time high, while Saudi's measure finishes up for sixth time in seven days.

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Oman continues record setting streak

Muscat and the UAE benchmarks the only winners as profit taking weighs on other Gulf indexes.

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Qatari market continues near perfect record

Main index closes up for 16th time in 17 trading days as GCC markets post mixed results.

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Oman's market posts second straight record

Muscat's benchmark piles on gains while exchanges elsewhere in the Gulf rise slightly.

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Oman touches lifetime high

Muscat market top performer, while Abu Dhabi edges above 5,000 points for first time in two years.

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Bumper earnings power markets to higher close

All Gulf indexes end the day higher as confidence returns to markets.

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Saudi bourse sees fifth day of gains

Kingdom's main index edges up along with Qatar, Oman and Kuwait, while the UAE and Bahrain drop.

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Kuwait continues charge while Dubai struggles

Gulf stock markets post mixed results with four indexes rising and three falling.

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Kuwait index hits all-time high

Kuwait benchmark paces gains as markets across much of Gulf finish in positive territory for the day.

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Abu Dhabi bourse plans Asia roadshow

Some of emirate's biggest listed companies to accompany stock market on public relations drive.

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Gulf markets post mixed results

Nervous investors await first quarter earnings, which will determine which way stocks trade, analysts say.

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Gulf markets get week off to strong start

Dubai and Doha lead pack as investors pile into attractive stocks after recent selloff.

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Gulf markets follow global equity rally

Benchmark indexes across region pile on gains as markets in the US, Asia and Europe all rise.

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Markets claw back losses

Most Gulf exchanges finish the day on a positive note with Dubai, Abu Dhabi and Qatar leading the way.

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Gulf markets hit by fears of global slowdown

Dubai posts worst loss in three months, Abu Dhabi and Saudi follow suit.

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Stocks across much of Gulf continue losing streak

Uncertainty over global markets keeps investors away as volume recedes.

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UAE, Saudi markets claw back some losses

Global equity rebound helps three indexes break horror losing streak.

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GCC markets fall as insecurity rises

Dubai posted its biggest one day loss in over a month on Monday, after GCC stock markets fell across the board.

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Trading dries up as Gulf markets continue fall

Investors await first quarter results and remain on edge over global slowdown.

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Gulf markets rebound on Fed cut

Kuwait leads the charge, but Saudi and Dubai unable to shake off concerns of global slowdown.

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Markets post mixed results ahead of Fed cut

Saudi breaks run of losses while markets in Dubai, Qatar and Oman continue to slump.

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NYSE Euronext tie-up to boost ADSM

Abu Dhabi Securities Market to develop services through cooperation with exchange giant.

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Shock US rate cut sparks further market turmoil

Markets across Gulf suffer worst losses in months on fears global slowdown may spread.

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Markets continue slump ahead of Fed cut

All Gulf states pegged to US dollar see markets drop on concerns US will slash rates.

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Gulf markets rebound

Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

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Gulf stocks hit by US recession fears

Gulf markets decline on back of losses suffered in US last week, led by telecom operators and banks.

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Taking stock of a common exchange

This week Arabian Business takes a closer look at the the possibility of a real common currency.

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Gulf markets to withstand global slowdown

Strong fundamentals backed by high oil prices will spur growth, Borse Dubai says.

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Kuwait, Abu Dhabi and Qatar best markets to invest

And banks and telecom companies the most attractive industries, Morgan Stanley says.

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ETFs arrive

Exchange traded funds enable cost effective investment and could allow more foreign investment.

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Taiwan and Abu Dhabi exchanges to launch ETFs

Bourses could list dual-listed exchange-traded funds by March 2008.

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Abu Dhabi seals Taiwan stock market deal

Abu Dhabi Securities Market moves towards allowing Taiwanese firms to list on ADSM.

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Abu Dhabi-Taiwan MoU to be sealed Wednesday

A delegation from the Taiwan Stock Exchange Corporation (TSEC) will tomorrow sign a Memorandum of Understanding (MoU) with Abu Dhabi Securities Market (ADSM), in a bid to strengthen investment ties between Taiwan and the UAE.

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Abu Dhabi bourse eyes new code of conduct

Corporate governance and transparency rules to be enforced to attract investors.

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Ex-Irish stocks chief heads Abu Dhabi bourse

Abu Dhabi Securities Market appoints Tom Healy new director general, took up post September 8.

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Overtaken by the slowdown

The credit crunch is not affecting the region greatly, but is a reminder that good times do not last forever.

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Middle East survives credit crunch

Global crisis has minimal effect on regional liquidity.

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The "Pimp my Ride" man

A meeting with the man behind the 'pimped-up' supercars that have taken the rest of the world by storm.

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TAQA hits record energy profits

The Abu Dhabi National Energy Company (TAQA), a global energy investment company, has revealed impressive financial results for the first half of 2007, with revenues increasing 90% to US$771m, compared with US$405m for the same period last year.

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Breaking the brokers

New requirements for securities brokerage firms are triggering mergers, closures and questionable trading methods.

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$844mn foreign investment for ADSM

Bourse official says investors attracted by strong performances and booming economy.

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Abu Dhabi bourse denies IPO claims

An ADSM official says reports from London that the exchange is considering an IPO are incorrect.

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Abu Dhabi bourse to work with FTSE

The ADSM will work with the London exchange to create indexes for exchange-traded funds.

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Emirates bourse merger ruled out

Sheikha Lubna, UAE economy minister, says that the Dubai and Abu Dhabi stock markets will remain separate.

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No Taqa foreign ownership in '07

Abu Dhabi National Energy will not widen its shareholder base internationally for at least a year.

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Stocking up

The need to improve customer experience forced Abu Dhabi Securities Market to put in place an IP communications solution, which brought in its wake direct business benefits and increased productivity.

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UAE bourses may combine investor IDs

The stock market regulator looks at using same investor numbers on DFM and ADSM.

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Abu Dhabi bourse in UK, US roadshow

The ADSM will follow Dubai's example in launching a marketing trip to showcase its top companies.

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ADSM urges foreign share ownership

Abu Dhabi bourse calls for companies such as Etisalat to widen their shareholder base.

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Abu Dhabi enacts insiders' trading curbs

Officials in listed firms will be restricted in trading in their companies' shares from today.

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ADSM extends trading after glitch

Trading on the Abu Dhabi exchange was extended for 40 minutes today following a technical problem.

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Abu Dhabi plans $1bn Islamic bank

The government-owned Al Hilal Bank will offer retail and corporate banking services.

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Abu Dhabi bourse slumps to six week low

Investors punish UAE companies for not meeting dividend expectations.

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First Omani company lists in UAE

Oman and Emirates Investment Holding Company has become the first Omani company to list in the UAE

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Abu Dhabi-Singapore market exchange

The ADSM and Singapore's SGX are discussing cross-border trading and clearing agreements.

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Dispute over Arkan price movement

ADSM disagrees with market regulator over the shares of materials company on its first day of trading.

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ADSM tightens regulations for greater market transparency

Exchange clamps down on insider trading and demands better training and exams for brokers

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IPOs tougher than CEOs expect

Most bosses would do things differently if going through the listing process again, says report

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Abu Dhabi Securities Market (ADSM)

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UAE stocks up as Dubai investors build overseas

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READER COMMENTS

  1. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  2. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »
  3. Dubai plans start-up help for expat entrepreneurs 01
    21 Nov ' 09 at 11:37
    this is great news really makes sense, especially since Small & Medium Enterprises actually make UAE. I sincerely hope that this is...   More  »

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