The Dubai Financial Market witnessed the implementation of 3 large direct deals on the shares of “Takaful Emarat”, “Shuaa Capital” and Islamic Arab Insurance “Salama” on a number of 175.3 million shares with a total value of 87.2 million dirhams.
According to Dubai Financial Market data, the first deal was executed on “Takaful Emarat” shares for 44.2 million shares, worth 18.5 million dirhams, at an execution price of 0.419 dirhams.
The second deal was executed on “Shuaa Capital” shares for 6.3 million shares, worth 1.26 million dirhams, at a price of 0.2 dirhams.
While the third deal was implemented on the shares of the Islamic Arab Insurance Company “Salama” for 124.8 million shares, worth 67.4 million dirhams, at a price of 0.54 dirhams.
Large deals (mechanism) are provided by the local markets to investors and brokerage companies, allowing the completion of deals of this type 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.
2023-12-27 10:52:02
#major #deals #Takaful #Shuaa #Salama #shares #worth #million #dirhams
