3 large deals on “Abu Dhabi Islamic” shares, 2.5 billion dirhams

Abu Dhabi On May 5, the Abu Dhabi Securities Exchange witnessed today the execution of 3 large deals on the shares of the “Abu Dhabi Islamic Bank” company.

According to Abu Dhabi market data, deals were executed on about 276.5 million shares, at a value of approximately 2.5 billion dirhams, at a price of 9.1 dirhams per share.

And large deals (mechanism) provided by the local markets to investors and brokerage firms, allowing the completion of deals of this kind on the shares of a listed company without being restricted to the range of price limits in force in the market.

The executed large direct deals do not affect the closing price of the company’s share in question or the general index, nor do they affect the highest and lowest price that was executed during the session or during the last 52 weeks.