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The Abu Dhabi Stock Exchange is down 0.73% in Wednesday's session ... and the capital loses 2.6 billion dirhams



The general index of the Abu Dhabi Securities Market declined, at the end of the trading session today, Wednesday, after rising 4 consecutive sessions, by 0.73%, losing 41.39 points to close at 5629,535 points, and the market capital lost 2.6 billion dirhams to close at the level of 791.981 billion dirhams, and the trading volume reached 144.7 One million shares, worth 891.9 million dirhams, through the execution of 2757 deals.

 

7 sectors on the Abu Dhabi Stock Exchange fell, led by the banking sector by 1.16%, followed by the real estate sector by 1.04%, followed by the telecommunications sector by 0.30%, then the investment and financial services sector by 0.20%, then the services sector by 0.10%, then the industrial sector by 0.05%. , Then the insurance sector by 0.02%, while the consumer goods sector rose by 1.73%, and then the energy sector by 0.19%.

 

Thirteen stocks rose on the Abu Dhabi Stock Exchange, led by "Abu Dhabi National Takaful Company" by 7.04%, then "Sudatel Communications Group Company Ltd.-Sudatel" by 3.32%, then the share of "Abu Dhabi National Building Materials Company" by 2.8%, and 15 shares fell on It was headed by "Sharjah Bank" by 2.47%, then by "Abu Dhabi Commercial Bank" by 2.45%, then by "Ishraq Investment Company" by 2.37%, while "First Abu Dhabi Bank" issued the list of the most active by value, amounting to 227.7 million dirhams. The stock fell by 1.07%.

 

In a related context, the National Bank of Umm Al Quwain announced the meeting of the Board of Directors today, Wednesday, and the Board approved the bank's audited consolidated financial statements for the year ending December 31, 2020, which will be disclosed upon approval and approval by the Central Bank of the United Arab Emirates, and approval of the distribution of dividends Proposed cash to shareholders at 8% of the paid-up capital.

 

The Emirates Driving Company also announced the results of the board meeting, yesterday, Tuesday, and it was agreed to set a date for the next Wednesday, March 24, for the annual general assembly meeting for the year 2020, and to approve a proposal to distribute cash dividends for the year 2020 at 100% of the head The money paid in the amount of 89.8 million dirhams, to submit this proposal to the General Assembly for the year 2020 for approval.

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