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Abu Dhabi stock exchange closes trading halls

Abu Dhabi - The exchange will continue to provide comprehensive access to trading services through its Sahmi digital platform.

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Abu Dhabi Securities Exchange (ADX) is temporarily closing its trading hall in its main offices in the Capital as well as those in the other emirates starting today until further notice.

Khalifa Al Mansouri, chief executive of ADX, said the decision is in line with the instructions of the World Health Organisation (WHO) to restrict public gatherings and has been taken as a preventative measure against the outbreak of Covid-19.

"During this public health emergency currently experienced worldwide, it is prudent to take pre-emptive and coordinate precautionary measures is a prompt manner. Aligned with the WHO recommendations to restrict public gatherings, ADX has decided to close access to its trading halls from today. ADX aims to limit risks of person-to-person transmission out of public health concern."

The exchange will continue to provide comprehensive access to trading services through its Sahmi digital platform.

"Trading operations will not be affected by the closure of the trading halls as ADX offers various channels traditional as well as digital from which investors can trade. While our government is raising awareness of preventive measures to aid public health, at ADX we are aligning with this public health strategy by reaching and protecting our investor community. To ensure maximum protection and apply restrictions of movement, we recommend that our clients use our digital investor service integrated platform 'Sahmi' that empowers users to carry out all daily operations online," Al Mansouri said.

For any questions or queries, investors can reach ADX on toll free number 800239.

• Abu Dhabi