By: Enas Bahgat
Abu Dhabi – Mubasher: Abu Dhabi Ship Building’s (ADSB) stock, listed on the Abu Dhabi Securities Exchange (ADX), has topped the market’s gainers in Tuesday’s mid-trade.
By 12:20 pm UAE time, the stock jumped 8.15% to AED 2.92, its highest level since July 2017.
The stock has seen so far a trading volume of 913,711 shares that were exchanged through 115 transactions at a turnover of AED 2.56 million.
Earlier this morning, ADSB revealed that the positive performance of the stock during the period from 19 to 22 September 2019 was not affected by any significant data or recent decisions.
In August, ADSB reported it had turned profitable for the first half of 2019, with a net profit of AED 774,000 in H1-19, against a net loss of AED 8.9 million in H1-18.
