ADX records 364 % increase in ETF trading since beginning of 2023
The Abu Dhabi Securities Exchange (ADX) has recorded a significant increase in the value and volume of trading in exchange-traded funds (ETFs) since the beginning of this year, making it the most active and liquid ETF market in the Middle East and North Africa (MENA) region.
Based on data obtained by the Emirates News Agency (WAM) from ADX, the value of ETF trading on the exchange rose by 364.2% to reach AED4.507 billion as of yesterday's session, compared to AED971 million during the same period last year.
This strong activity and significant growth reinforces ADX's position as a preferred destination and a major regional hub for ETFs, while supporting its ambitious goals of attracting and listing ETFs from global issuers. The exchange is also continuing its efforts to expand investment products, enhance its efficiency, and drive its sustainable growth.
The volume of trading in exchange-traded index funds (ETFs) on ADX rose by 405.8% to reach 815.7 million units of funds since the beginning of this year and as of the end of yesterday's session, compared to 161.2 million units during the same period in 2022. The number of transactions on exchange-traded index funds on ADX also rose by 284.2% to reach 30,800 transactions since the beginning of this year, compared to 8025 transactions during the same period last year.
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