The growth market, which replaces the second market established in 2014, offers companies access to a wide investor base, key support from the ADX on investor engage.
RIYADH: Abu Dhabi’s stock exchange has rebranded its Second Market into a newly launched Growth Market, with a market cap of 62 billion dirhams ($17 billion), in a push for more privately-owned business listings. As it replaces the Second Market, the Growth Market will continue to target startups, family businesses, and early growth companies, ADX said in a statement. It will
The Abu Dhabi Securities Exchange (ADX) has announced the rebranding of its Second Market, a key equity market on the exchange that connects investors and privately owned business,
Abu Dhabi Securities Exchange (ADX)’s market liquidity jumped five-fold in 2021 amid an IPO boom. Traded values (buy + sell) on the exchange increased 407 per cent from Dhs145 billion in 2020 to Dhs739 billion in 2021, driven