Foreign and institutional investments at the Abu Dhabi Securities Exchange (ADX) totalled AED7.9 billion by the end of November 2016.

Net flow of foreign investments in the last six months, from June to November, reached almost AED850 million. Data from the exchange shows that institutional investments in the last eleven months reached AED4.6 billion, whereas investments by foreign nationals totalled AED3.3 billion.

According to ADX statistics, non-Arab investors had the majority of foreign investments in the market with AED3.1 billion worth of portfolios during eleven months.

"The ADX constantly invests in the creation of an enabling market environment through the improvement of trading technology, market and reference data, as well as the implementation of market-maker schemes," ADX Chief Executive Rashed Al Blooshi said.

"The upgrade of the ADX on the MSCI index has helped in globally marketing the exchange by introducing it to a new group of investors, most of who are institutional investors," Al Blooshi said.

Al Blooshi expects further flow of foreign and institutional liquidity in the near future given that listed companies enjoy a competitive price-earnings ratio (P/E Ratio) and high returns compared to other exchanges.

"Our role in attracting foreign investment comes as part of the ADX’s commitment to the growth of the financial services sector in the emirate of Abu Dhabi and the development of a sustainable financial environment under the auspices of the Abu Dhabi Vision 2030," Al Blooshi added.