Dubai: Abu Dhabi Securities Exchange (ADX) said it has succeeded in achieving a compliance rate of 99 per cent regarding the disclosure of the first quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period.
About 65 listed companies out of 66, local and foreign, disclosed their 1st Quarter financial statements for 2018 within the 45 days period given, the bourse said in an emailed statement.
The companies showed an increase of 8.96 per cent in comparison to the same period in 2017. The highest recorded increase was in the Investment and Financial Sector with an increase of 58.63 per cent, followed by the Insurance sector with an increase of 35.09 per cent.
