T + T – Normal size
Today, Thursday, the Dubai Financial Market witnessed the execution of a large direct deal on the Mashreq Bank share.
According to market data, the deal was executed on 437.8 thousand shares, worth 87.55 million dirhams, at an execution price of 200 dirhams per share.
At the end of the session, the share of “International Financial Advisors” jumped to the maximum limit of 6.7 dirhams, leading the rise of 30 shares in the Dubai market, while the share of “Emaar Properties” attracted liquidity exceeding 45.55 million dirhams, followed by “Emirates NBD” with 34.93 million dirhams, then “Gulf Navigation” attracting 34.9 million dirhams.
The performance of the Dubai Financial Market was supported by the rise in the shares of National Cement by 10.6%, Agility Warehousing by 4.5%, National International Holding by 3.5%, Emaar Development by 0.58%, and Dubai Islamic Bank by 0.33%.
Direct large deals are deals that are executed outside the order book and do not affect the closing price of the company’s stock or the price index, nor do they affect the highest and lowest prices executed during the session and during the last 52 weeks.
