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ADX to suspend trading on Etisalat’s stock temporarily

ADX to suspend trading on Etisalat’s stock temporarily
ADX to suspend trading in Etisalat’s shares temporarily
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ETISALAT
0.00% 16.80 0.00

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced that it will suspend trading on Emirates Telecommunication Group Company’s (Etisalat Group) stock on 23 October 2019 until it receives the results of the company’s board meeting to be held on the same day.

All heads of departments in the exchange shall implement this resolution in all their respective fields, the ADX said in a statement on Thursday.

The resolution shall be circulated to the UAE Securities and Commodities Authority (SCA), the concerned company, the ADX’s departments, and all brokers accredited by the exchange, according to the statement.