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ABU DHABI (ALETIHAD)
eToro, the trading and investing platform, has added stocks listed on the Abu Dhabi Securities Exchange (ADX) to its platform. The launch follows an agreement signed last year between ADX and eToro, aimed at broadening investor access to the UAE’s stock market.
eToro’s global community can now invest in over 30 companies listed on the ADX, gaining exposure to a diverse range of sectors, including energy, real estate, banking, finance, technology, and healthcare.
“We are excited to enable our global users to diversify their portfolios with access to leading companies in the UAE, while also empowering local investors to invest in businesses they know and trust. The first batch of stocks we are adding to our platform represents approximately $713 billion in market cap, covering nearly 88% of the exchange’s total market cap of $818 billion,” explained George Naddaf, Managing Director MENA, eToro.
Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, added: “We are thrilled that more than 30 of ADX listed companies are included on the eToro platform and millions of investors around the globe now have seamless access to leading ADX-listed companies. ADX will continue to collaborate with like-minded partners and introduce innovative initiatives to boost its market liquidity ”.
