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FINANCIAL NEWS
Abu Dhabi Securities Exchange compliance rate reached 98.5
18 Aug 2013
(MENAFN) Abu Dhabi Securities Exchange (ADX) hit a compliance rate of 98.5 percent between April and the end of June of the current year within a 45 day deadline, according to Gulf News.
Listed 64 public joint stock companies announced an increased combined net profit that hit 8 percent from April to June, compared to the last year’s net profit.
The significant highest boost of 336 percent was by the Investment & Financial services sector, while 63 percent boost was by the second highest percentage by the Real Estate sector.
“The collaboration between ADX and its listed companies has always proved to be a productive one. We look forward to further deepen our cooperation in the future,” stated Head of Listed Companies at ADX, Saif Sayah Al Mansouri.
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