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ADCB’s stocks hits lowest in month

ADCB’s stocks hits lowest in month
By 11:20 am UAE time, the stock plunged 2.42% to AED 8.87
ADCB
ADCB
0.48% 8.29 0.04

By: Enas Bahgat

Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank’s (ADCB) stock, listed on the Abu Dhabi Securities Exchange (ADX), fell to its lowest level since 17 June 2019 after the bank announced its financial results for the first half of 2019.

By 11:20 am UAE time, the stock plunged 2.42% to AED 8.87 and saw a trading volume of 1.39 million shares exchanged at a turnover of AED 12.365 million through 143 transactions.

Earlier this day, ADCB revealed it had generated consolidated interim profits of AED 2.330 billion in H!-19, compared to AED 2.332 billion in H1-18.