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Abu Dhabi bourse suspends trading in TAQA, Qatar’s Ooredoo

Abu Dhabi bourse suspends trading in TAQA, Qatar’s Ooredoo

The companies have not yet released their annual financial statements

The Abu Dhabi Securities Exchange said on Wednesday it had temporarily suspended trading in shares of Abu Dhabi National Energy Co because the company had not yet released its annual financial statement.

The Abu Dhabi market also halted trading in shares of Qatar’s Ooredoo for the same reason, it said.

United Arab Emirates-listed companies are required to disclose their annual earnings within 45 days of the end of the fourth quarter.

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