Abu Dhabi-Mubasher: Abu Dhabi-listed Union National Bank’s stock (UNB) declined on Tuesday, affected by its negative financials for the fiscal year 2015.
The bank’s stock fell 5.2% to AED 3.3, generating AED 865,160 after trading 251,230 shares.
UNB reported a 7.8% profit decline to AED 1.76 billion ($479 million) in FY15, compared to AED 2.02 billion ($550 million) in FY14, according to a bourse filing.
The banks sector fell 1.6%, pushing Abu Dhabi’s bourse to lose 1%.
