FGB stock rises in mid-session

Abu Dhabi-Mubasher: Abu Dhabi-listed First Gulf Bank’s (FGB) stock saw a positive performance on Sunday as the bank’s financial disclosure for the fiscal year 2015 is prospected to be released soon.

The stocks reached its highest level in 12 sessions, rising 11.88% to AED 11.30 by 12:30pm UAE time. This boost helped the banks sector gain 5.58%.

Trading on the stock reached 3.24 million shares exchanged through 228 transactions, with turnover of AED 35.64 million.

The bank’s board will discuss the FY15 financials and cash dividends on 31 January. 

 

Mubasher Contribution Time: 31-Jan-2016 08:47 (GMT)