, today, Thursday, investors in the Dubai Financial Market executed a large-scale transaction directly on the shares of Emirates Refreshments Company.
The Dubai market said in a statement on its official website today that the deal size is estimated at 1.32 million shares at a price of 2.5 dirhams per share, with a total value of approximately 3 million dirhams. / p>
The Dubai Financial Market launched a large direct deals service in May 2016, to facilitate the completion of transactions of this type on the shares of listed companies without being bound by the applicable price limits. In the market (15% up, 10% down). P>
and the market has set a condition that the price specified for the execution of the transaction does not exceed or fall below the closing price of the stock on the day before its conclusion by 25%.
It also does not affect the closing price of the company's share, the general index, nor the highest and lowest price executed during the session or during the last 52 weeks.