Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has decided to temporarily suspend trading on the shares of Bank of Sharjah for not disclosing its financial statements.

The stock has been suspended from trading from 15 June and until further notice, according to the bourse's statement.

In 2019, the bank's net profits surged by 74% year-on-year (YoY) to AED 226 million when compared to AED 130 million in 2018.