And he took over Abu Dhabi Securities Market It accounted for about 87.7 percent of the value of transactions executed in the markets since the beginning of the year, while the Dubai Financial Market’s share reached about 12.3 percent of the total transactions.
The deals were divided into 337 deals on the Abu Dhabi Securities Market, about 4.3 billion shares worth 17.86 billion dirhams, and the largest deal executed was on “International Holding” shares through a single deal worth 4.38 billion dirhams, followed by “ADNOC Drilling“With a value of 3.43 billion shares through 196 deals, then “Modon Holding” with a value of 2.44 billion shares through 6 deals.
A share also arrived Dubai Financial Market To about 214 deals, executed on 1.33 billion shares worth 2.51 billion dirhams, the largest deal executed was on “Drake & Scull International” stock worth 512.7 million dirhams through 110 deals, and Arab Islamic Insurance “Salama” worth 131.4 million dirhams from During one deal, and “BHM Capital” for financial services, about 117.6 million dirhams through one deal.
Large deals are a mechanism provided by local markets to investors and brokerage companies, allowing deals of this type to be completed on shares of a listed company without being restricted by the range of price limits applicable in the market.
The executed large direct trades do not affect the closing price of the company’s stock in question nor the general index, nor do they affect the highest and lowest prices executed during the session or during the last 52 weeks.
