Abu Dhabi – Mubasher: First Abu Dhabi Bank’s (FAB) stock rose 13% by 11:16 am UAE time on the Abu Dhabi Securities Exchange (ADX) on Wednesday.
The stock reached AED 10.45 after generating AED 3.76 million from the exchange of 360,000 shares.
The ADX saw trading of 16.7 million shares through 291 transactions, with a turnover of AED 28.9 million.
The banks sector rose 0.19% during the same time.
The index grew 0.08% or 3.39 points to reach 4,466.95 points.