Abu Dhabi – Mubasher: The stock of Emirates Telecommunications Group (Etisalat) early on Wednesday dropped 28%, which is the biggest drop in Abu Dhabi Securities Exchange (ADX).
By 11:40 am UAE time, the stock fell to AED 17.80, after 291.15 million shares traded, generating AED 5.19 million.
Meanwhile, trading volume reached 25.9 million shares, with AED 29.5 million in turnover, through 336 transactions.
The general index also declined 0.15% or 6.91 points to 4,457.20 points