ADSM posts 71pc growth in 2004

ABU DHABI - The remarkable economic boom the UAE is experiencing is also reflected in the record rise in the share price index at the Abu Dhabi Securities Market (ADSM), which grew by 71.1 per cent during 2004. Since its establishment in 2000, the Abu Dhabi Securities Market recorded a huge increase in its daily trading value, which reached Dh383.4 million, with the number of traded shares amounting to 15 million, executing 1124 transcations.

By A Staff Reporter

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Published: Wed 29 Dec 2004, 10:55 AM

Last updated: Thu 2 Apr 2015, 11:49 AM

The market share price index recorded a new high when it crossed 3006.09 points yesterday, showing that the index ballooned by 71.1 per cent since the beginning of 2004.

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