Abu Dhabi / Emirates Business The Abu Dhabi Securities Exchange (ADX) has reduced its trading commissions by 50% and will extend its trading hours by one hour, with the market opening at 10am and closing at 3pm. The reduction in trading fees, to 0.025% from 0.05%, which will take effect starting September 1, is the exchange’s second commission cut in ...

New Delhi / WAM India’s Ministry of Home Affairs, in exercise of powers under the country’s Disaster Management Act, has extended the countrywide restrictions to contain Covid-19 until September 30. In a letter to Chief Secretaries of all states and Administrators of union territories, Home Secretary Ajay Bhalla wrote that “the overall pandemic situation at the national level now appears ...

DUBAI / WAM Dubai Financial Market (DFM) on Saturday announced the extension of its trading hours to from four hours to five hours daily as of October 3 in line with directions of the Securities and Commodities Authority (SCA) and in coordination with various stakeholders. Hassan Al Serkal, CEO of the DFM said: “The new initiative will further strengthen leading ...