Abu Dhabi – Mubasher: Union National Bank’s (UNB) stock was the best performer on Wednesday, generating the highest turnover in three years.

The stock retreated 0.89% by 1:10 pm UAE time to AED 4.45; its lowest level in 13 sessions.

UNB was the value leader after generating AED 106.726 million and the most active stock after trading 23.83 million shares.

The stock saw buying momentum after the bank planned to expand in the Chinese and Egyptian markets.

The Emirati bank is focusing on the Chinese branch due to the growing relations in terms of economy, trade, and investment between China and the MENA region, CEO Mohammad Nasr Abdeen told Al Khaleej newspaper earlier.