UAE Cabinet raises daily decline limit in shares to 10% from February 28
Wam/Abu Dhabi Filed on February 24, 2021
The new cap means that share prices of each listed company can now drop by a maximum of 10 per cent, instead of five per cent. File photo
The development comes in implementation of a cabinet decision.
Stocks listed on the UAE’s bourses will see their limit cap rising to 10 per cent from the current five per cent, effective February 28th, the Abu Dhabi and Dubai markets said on Wednesday.
The development comes in implementation of a cabinet decision whereby the stock markets shall revert back to the above mentioned cap from the 5 per cent one, which was set in March 2020.
Around 4.30 p.m., the Sensex was at 50,782.40, higher by 1,030.99 points or 2.07 per cent from the previous close of 49,751.41. It had opened at 49,763.94 and has touched an intra-day high of 50,817.10 and a low of 49,648.78 points.The
DGAP-PVR: Evotec SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
Postal code:
Acquisition/disposal of instruments
X
Legal entity: Morgan Stanley
4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
17 Feb 2021
(total of 7.a.)
(total of 7.b.1 + 7.b.2)
New
a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN
Type of instrument
at any time
Type of instrument
8. Information in relation to the person subject to the notification obligation
Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
NSE halts trade for 4 hrs due to tech snag, markets rise 2% in extended session
Premium
In a press statement, NSE said that it received communication from telecom service providers that there are issues with their links due to which there is an impact on NSE system
4 min read
At around 10:06 am, NSE exchange feeds stopped across all brokerage firms but trading continued until 11:40 AM
Boosted by Nirmala Sitharaman s statement that the private banks can now participate in government business, rally in financial stocks led the markets in extended trade
Share Via
Read Full Story
Ending a dramatic day, the markets gained nearly 2% in an extended trading session on Wednesday. Markets were hit by a technical outage that disrupted trading on the National Stock Exchange (NSE) for nearly four hours. India’s largest stock exchange by volumes, NSE, stopped trading in all segments including futures and options (F&O) and cash segment at 11:40 am citing issues with telecom links of its