Middle East 5

ESCA extends working hours in stock markets

The board of directors of the Emirates Securities and Commodities Authority (ESCA) decided on Tuesday to extend share trading hours in local stock markets four hours five days a week with effect from the beginning of the new year 2008.

The move was taken at a meeting of the board presided by Sheikha Lubna Al Qasimi, head of the board of directors of SCA and minister of economy.
With this decision, pre-opening session will start from 9:30 am and end at 10 am, and trading session starts at 10 am and ends at 2 pm. (WAM)

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