3 sectors rose on the Abu Dhabi Stock Exchange, led by the banking sector by 1.55%, followed by the real estate sector by 0.58%, followed by the investment and financial services sector by 0.34%, while the telecommunications sector declined by 1.89%, then the insurance sector by 0.81%, then the consumer goods sector by 0.58%. 0.78%, then the services sector by 0.34%.
Twelve stocks rose on the Abu Dhabi Stock Exchange during today’s trading session and were led by Waha Capital by 3.81%, then by Ras Al Khaimah Cement Company by 3.67%, then by Sudatel Communications Group Ltd.-Sudatel by 2.37%, while 14 shares fell, led by Abu Dhabi Company. The National Takaful Company by 4.83%, then the Gulf Pharmaceutical Industries Company by 4.23%, then the Abu Dhabi National Building Materials Company by 3.33%, and the Aldar Real Estate Company topped the list of the most active shares by value, reaching 82.2 million dirhams, and the share rose by 0.69%.
In a related context, Abu Dhabi Islamic Bank announced the provision of structured financing worth 91 million dirhams (18.9 million pounds sterling) in line with the principles of Islamic law for the benefit of a customer in the UAE, to acquire a business complex in the south coast of the United Kingdom worth 41 million dirhams (29.1 million pounds). GBP), which would provide an 8% cash return.
In another context, the National Bank of Fujairah announced that the bank’s board of directors will meet on November 25 to review the bank’s three-year strategic plan and the budget for 2021.
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