World Library  
Flag as Inappropriate
Email this Article

Abu Dhabi Securities Market

Article Id: WHEBN0005240905
Reproduction Date:

Title: Abu Dhabi Securities Market  
Author: World Heritage Encyclopedia
Language: English
Subject: List of stock exchanges, Ooredoo, List of companies of the United Arab Emirates, List of United Arab Emirates-related topics, EFG-Hermes, List of stock exchanges in Western Asia
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Abu Dhabi Securities Market

Abu Dhabi Securities Exchange
ADX
Type Stock Exchange
Location Abu Dhabi, United Arab Emirates
Founded2000
Currencyhttp://adx.ae/English/Pages/default.aspx

Abu Dhabi Securities Exchange (ADX) (formerly Abu Dhabi Securities Market) [ADSM] (Arabic: سوق أبوظبي للأوراق ألمالية) is a stock exchange in Abu Dhabi, United Arab Emirates (UAE). It was established on 15 November 2000 to trade shares of UAE companies. There are trading locations in Abu Dhabi, Al Ain, Fujeirah, Sharjah, and Ras Al Khaimah. The Dubai Financial Market (DFM) is a different exchange that trades shares of other public UAE companies but investors can also trade ADSM shares with some of the brokers based at DFM.

The ADSM has more companies listed than DFM but trading volume is usually much less. During 2004-2005 there was a substantial increase in share prices and trading activity. From the end of 2005 through until mid-2006 there was a significant downturn with the overall ADSM index dropping just over 30% in the first six months of 2006.

listed companies by sector

List provided by Emirates Securities & Commodities Authority (SCA), including 67 companies in 4 sectors, whereas Abu Dhabi Securities Exchange provides more sectors.

Banking Sector

  • ADCB: Abu Dhabi Commercial Bank [1]
  • BOS: Bank of Sharjah [4]
  • CBI: Commercial Bank International [5]
  • FH: Finance House [8]
  • INVESTB: Invest Bank [9]
  • NBAD: National Bank of Abu Dhabi [10]
  • NBF: National Bank of Fujairah [11]
  • NBQ: National Bank of Umm Al Qawain [12]
  • RAKBANK: The National Bank of Ras Al Khaima [15]
  • SCB: Standard Chartered Bank UAE [16]
  • UAB: United Arab Bank [17]

Insurance Sector

  • AAAIC: Al-Ain Ahlia Insurance Company [19]
  • ABNIC: Al Buhaira National Insurance Company [20]
  • ADNIC: Abu Dhabi National Insurance Company [21]
  • AKIC: Al Khazna Insurance Company [22]
  • AWNIC: Al Wathba National Insurance Company [23]
  • DHAFRA: Al Dhafra Insurance Company [24]
  • EIC: Emirates Insurance Company [25]
  • FNI: Al Fujairah National Insurance Company
  • RAKNIC: Ras Al Khaima National Insurance Company
  • SICO: Sharjah Insurance Company [26]
  • TKFL: Abu Dhabi National Takaful Company [27]
  • UIC: United Insurance Company [28]
  • UNION: Union Insurance Company

Services Sector

  • ALDAR: AL DAR properties [33]
  • ASMAK: International Fish Farming Company [34]
  • DRIVE: Emirates Driving Company [35]
  • FTC: Fujairah Trading Centre [37]
  • GMPC: Gulf Medical Projects Company
  • LIVESTOCK: LIVESTOCK Company Gulf
  • NMDC: National Marine Dredging Company [38]
  • OEIHC: Oman & Emirates Investment Holding Company [39]
  • OILC: Oasis International Leasing Company [40]
  • PALTEL: Palestine Telecommunications Company [41]
  • QTEL: Qatar Telecommunications [42]
  • RAKPROP: Ras Al Khaima Properties Company [43]

Industry & Hotels Sector

  • ADNH: Abu Dhabi National Hotels Company [46]
  • ADSB: Abu Dhabi Ship Building Company [47]
  • AGTHIA: Emirates Food Stuff & Mineral Water Company [48]
  • ARKAN: Arkan Building Materials Company
  • BILDCO: Abu Dhabi National Company for Building Materials [49]
  • FBICO: Fujirah Building Industries [51]
  • FCI: Fujirah Cement Industries Company [52]
  • FOODCO: Foodco Holding [53]
  • GCEM: Gulf Cement Company [54]
  • JULPHAR: Gulf Pharmaceutical Industries [55]
  • NCTH: National Corporation of Tourism [56]
  • QCEM: Umm Al Qaiwain Cement Industries Company
  • RAKCC: Ras Al Khaimah Cement Company [57]
  • RAKCEC: Ras Al Khaimah Ceramics [58]
  • RAKWCT: Ras Al Khaimah Company for White Cement & Construction Materials [59]
  • RAPCO: Ras Al Khaimah Poultry & Feed Company [60]
  • SCIDC: Sharjah Cement & Industrial development Company [61]
  • TAQA: Abu Dhabi National Energy Company [62]
  • UCC: Union Cement Company

See also

External links

  • ADX - Abu Dhabi Securities Exchange homepage
  • SCA - Securities and Commodities Authority - UAE market regulator
  • Dubai Share Talk - English discussion forum for UAE shares
  • Share Wadi - UAE stocks and shares information for investors

References

Template:World Federation of Exchanges

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.