Abu Dhabi bourse aims to top 2021's record listings this year
The Abu Dhabi Securities Exchange expects to match or exceed the record number of listings it achieved in 2021 as it continues to add new products and expand its investor base, its managing director and chief executive said.
The bourse's benchmark FTSE ADX General Index was among the best-performing exchanges worldwide last year, having rallied more than 62 per cent in 2021. It is the best-performing bourse in the GCC this year, having climbed about 14 per cent since January.
Its market value was up about 25 per cent so far this year at more than Dh2.015 trillion ($549 billion) as of Monday 12.53pm UAE time, making it the Middle East and Arab world’s second-largest exchange.
“We are confident that the listing this year will not be less than what we have seen last year,” Saeed Al Dhaheri told The National.
“We are very optimistic. We are seeing the appetite from so many companies to come to Abu Dhabi and list … whether they are UAE companies or companies that are in the GCC, Europe, the US, Africa and Asia,” he said, when asked if the bourse could top its 2021 performance.
