ADX temporarily suspends share trading in Dana Gas, Gulf Cement

Abu Dhabi: Abu Dhabi Securities Exchange said on Sunday it has temporarily suspended share trading in Gulf Cement Company, Ras Al Khaimah Ceramics and Dana Gas from February 1 until further notice due to a technical issue in the shares ownership limits calculation.

This move from ADX comes to protect the best interest of investors, the bourse said in a statement posted on its website.

“At ADX, we aim at ensuring the soundness and accuracy of transactions and ensuring that our investors’ interests are protected through establishing fair and proper dealing principles between various investors,” said Rashed Al Beloushi, Chief Executive, ADX.