The shares of Al Alamiah Holding Company, listed on the Abu Dhabi Stock Exchange, raised investors' confusion, after achieving an increase of 2574% during the past 12 months with limited trading.

According to Arabia Net, the global market value of Al-Alamiah Holding Company has risen, despite the turmoil in the regional markets in the past weeks, and the average performance of the Dubai and Abu Dhabi markets during the past year. < / p>

Most of the company's revenues in 2019 came from fish farms in the UAE, from $ 139 million a year ago to $ 14 billion now.

The Corona pandemic or the collapse of oil prices did not prevent the major rise in the company's share, as it gained 313% since the beginning of 2020.

This continuous rise has led Al Alamiah Holding to become the best-performing stock worldwide in the past 12 months, with a list of companies with a value of more than a billion dollars.

Al-Alamiah Holding Company became the fifth largest listed company in the UAE market by market value, after Emirates Etisalat, First Abu Dhabi Bank, Emirates NBD, and Ports Dubai World.

The strong rise of the stock cannot be explained. By the end of last year, the company's assets had reached about $ 1.1 billion, and net profit had reached $ 138 million, according to the company. < / p> Despite the stock's rise, its rise came in very weak trades, according to Bloomberg. She said that during the 12 months ended May 10, the total trading of the stock reached 9585 transactions.

One of the largest shareholders in Al Alamiah Holding is the Royal Holding Company, which is led by Sheikh Tahnoon bin Zayed, who became Chairman of the Board of Directors of Al Alamiah Holding in April. The Pal Group of Companies is one of the largest shareholders in the company, which is also a subsidiary of the Royal Group. The two companies together own about 80% of the company.

And in the middle of last month, the company attributed the reason for its continuous increase in shares to high demand and lack of supply in the market.