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Dana Gas’ stock acquires 59% of ADX’s liquidity early Sunday

Dana Gas’ stock acquires 59% of ADX’s liquidity early Sunday
By 10:50 UAE time, the stock shed 0.93% to AED 1.06
Dana Gas
DANA
3.41% 0.67 0.02

Abu Dhabi – Mubasher: Dana Gas’ stock, listed on the Abu Dhabi Securities Exchange (ADX), was the most heavily traded stock early Sunday.

By 10:50 UAE time, the stock shed 0.93% to AED 1.06.

Meanwhile, the stock has acquired 63% and 59% of the bourse’s trading volume and liquidity, respectively.

Dana Gas saw a trading volume of 19.979 million shares exchanged at a turnover of AED 21.962 million through 170 transactions.

The ADX’s total trading volume stood at 31.548 million shares early Sunday exchanged at a turnover of AED 37.025 million through 309 transitions.

The bourse’s general index inched down 0.35 points, or 0.01%, to 5,387 points.

Earlier this day, Dana Gas announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company’s Khor Mor and Chemchemal Fields in the Kurdistan Region of Iraq (KRI) grew by 10% following the recent certification of reserves by Gaffney Cline Associates (GCA).