UAE Market

UAE Stock Market

Abu Dhabi securities exchange was rebranded from ADSM on May 6th 2008 It started operating on 15th November 2000 a few months after the establishment of the Dubai Financial Market (DFM .Both markets provide a market for shares for companies within the UAE and other countries found in the Middle East . The number of secondary countries is continuing to increase as the ADSM is continuing to sign more agreements with markets in other countries . ADSM is regulated by Emirate Securities and Commodities Authorities (Abu Dhabi Securities Market (ADSM ) background

br and history .ADSM main office is in Hamdan St . Abu Dhabi but it has branches in other emirates . Both ADSM and DFM trading hour 's are10 :00-13 :00 from Sunday to Thursday , pre-opening session is from 9 :30 to 10 :00 when you can place buy or sell s but they can not be executed till 10 :00 (ADSM location and trading hours .In November 2007 , ADSM had 59 companies listed on 10 different sectors which are further categorized into four different sectors under ESCA categorization or the Commodities Authority which is its regulating Authority . Companies open to foreign ownership of their shares on ADSM are almost half of the listed companies although a few are restricted to Arab Nationals only . The daily trading is measured in 100s of millions of diharms by traded value although this is superseded by the activity of the DFM , when there is a rush of interest daily traded value increase to AED...