Abu Dhabi – Mubasher: ADNOC Distribution on Monday revealed that its market capitalisation had reached AED 1.125 billion after three weeks of offering the company’s shares on the Abu Dhabi Securities Exchange (ADX) at AED 2.5 per share.
The stock added 2% to AED 2.55, with a turnover of AED 294.6 million, which accounts for about 25% of the market’s liquidity.
Considered the fourth biggest listed-company, ADNOC Distribution was listed on the ADX on 13 December.
