Abu Dhabi bourse closes trading halls amid Covid-19 concerns

Abu Dhabi Securities Exchange (ADX) is temporarily closing its trading hall in its main offices in Abu Dhabi as well as those in the other Emirates until further notice due to the global coronavirus outbreak.

However, the exchange's trading operations will not be affected and it will continue to provide comprehensive access to trading services through its Sahmi digital platform, it said.

This decision was taken by ADX as a precautionary measure to protect public health in the United Arab Emirates and ensure the health and safety of visitors, the bourse said.

ADX said in a statement that this decision is in line with the instructions of the World Health Organization (WHO) to restrict public gatherings and has been taken as a preventative measure to mitigate against the current global viral outbreak.

"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," said Khalifa Al Mansouri, Chief Executive of ADX.

"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," he added. IANS