Abu Dhabi-Mubasher: National Bank of Abu Dhabi (NBAD) continued its positive performance in the mid-session for the second day on Monday, backed by the news on merger talks with First Gulf Bank (FGB).
NBAD rose 4.35% to AED 9.6 after generating AED 45.8 million by 12:40pm UAE time, representing 41% of the market’s liquidity worth AED 114.54 million.
On the other hand, FGB did not manage to maintain its rise, falling by 3.44% to AED 12.65.
The general index of Abu Dhabi bourse slid 0.72% to 4,491.72 points after two hours of trading.
