Aramex trading suspended in Dubai before board meeting

Deyaar share trading continues on DFM despite board meeting
Aramex trading suspended in Dubai before board meeting
By Parag Deulgaonkar
Sun 30 Apr 2017 02:12 PM

Aramex shares have been suspended from trading today on Dubai Financial Market as the company is set to hold its board meeting.

A notification on the Dubai bourse said: “Suspend trading on ARMX shares starting from 12:00 pm as its board of directors meeting is being held today, 30/04/2017 and until results are disclosed.”

However, Deyaar share have not been suspended with the company also holding its board meeting today.

Aramex was trading at AED5.29 before suspension, while Deyaar continued trading at 0.536 per share at 12.30pm.

Last Thursday, shares of Union Properties were suspended on the bourse.

Company officials declined to comment on the reason of suspension or give any date on when trading will resume.

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