The Abu Dhabi Securities Market has recently announced changes to the trading schedule for listed companies in order to improve market efficiency and increase transparency. The new rule will suspend trading from the start of a Board of Directors meeting or General Assembly meeting that falls during trading hours until decisions are disclosed on the market’s website before 9 am. This move aims to enhance disclosure practices in the market.
The market has recommended that companies schedule their meetings outside of trading hours to avoid any potential trading suspensions. This new rule will be implemented starting this week, and it’s important for companies to take note of it. There are 12 cases in which the Abu Dhabi Securities Exchange may suspend trading in the shares of a listed local company, including instances where meetings coincide with trading hours or there is an unjustified rise or fall in stock value over three consecutive sessions. Other reasons for suspension include failure to disclose financial statements, decisions to amend capital, or justified requests to stop trading.
In addition to these changes, there have been several reader comments and articles related to various topics such as online lotteries, car detailing services, betting platforms, and online slot games. Some articles explore the world of online gambling and provide insights into popular games and platforms. There are also discussions about the importance of trusted bookmakers in online gambling and how technology has evolved within the industry with superior services. Overall, the content covers a diverse range of subjects related to both the financial and gambling industries.
