Abu Dhabi Securities Market (ADSM) posted an impressive rise in institutional investment, particularly foreign participation, whose net investment amounted to AED 9.9 billion in 2007 compared to AED one billion in 2006, showed an overview of the market activities released by ADSM.
The report also showed that the value of trading increased by 148.4% from AED 70,6 billion in 2006 to AED 175,3 billion in 2007. The daily average value of trading went up by 177.8% from AED 250.4 million to AED 695.8 million per day. The number of traded shares increased 361% from 11.3 billion shares to 52.1 billion shares. The daily average traded shares also rose more than 415% from 40.1 million shares to 206.6 million traded shares per day, WAM reported.
The Index increased by 51.7% during 2007.
