Today, Tuesday, the Abu Dhabi Securities Market witnessed the implementation of a large direct deal in the shares of Gulf Medical Projects Company.
According to market data, the deal was implemented on 11.8 million shares, with a value of 22.48 million dirhams, and a value of 1.9 dirhams per share.
The Abu Dhabi Financial Market witnessed the implementation of 34 large deals worth 15.8 billion dirhams during the first quarter of 2023.
It is noteworthy that during the past year, the Abu Dhabi Financial Market witnessed the implementation of large transactions worth 68.15 billion dirhams on 16.1 billion shares through 207 deals.
Large deals are a mechanism 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 transactions do not affect the closing price of the shares of the company in question or the general index.
