ABU DHABI, 14th July, 2023 (WAM) — The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX General Index (FADGI.FGI) gained more than 20 percent in 2022.
The Abu Dhabi Securities Exchange (ADX) trading value increased by 21.9 percent to AED 451 billion.
In its overview of UAE stock markets in 2022, the CBUAE report noted this increase was driven by higher levels of domestic and international investment.
Foreign investment in ADX increased, with total net foreign investments recording an inflow of AED 24 billion in 2022. In addition, net institutional…
