|20 November, 2017

Al Khazna shares stay suspended on Abu Dhabi ADX

Status quo to prevail until release of third-quarter results

Electronic boards displaying stock information are seen as an investor walks past at the ADX Abu Dhabi Securities Exchange stock market.

Electronic boards displaying stock information are seen as an investor walks past at the ADX Abu Dhabi Securities Exchange stock market.

Dubai: Shares of Al Khazna Insurance remained suspended for a third day on Sunday pending the release of third-quarter results.

The Abu Dhabi Securities Exchange (ADX) said last week that 64 companies out of the 65 companies listed on it had published their third-quarter results.

Normally, companies are supposed to publish their results 45 days from the end of the financial period.

The ADX said that Union National Bank, Sharjah Islamic Bank, National Bank of Umm Al Qaiwain and Eshraq Properties were the first to publish their results.

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