INSEAD Day 4 - 728x90

Business

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

44 large direct deals on IHC worth $1.205 bn at ADX Thursday

ADX gains $1.90bn on strong performances from bank stocks.
By TRENDS Desk
December 22, 2023 9:38 am
  • Large direct deals are trades that are executed outside the order book and do not affect the closing price of the relevant company's stock
  • They also do not affect the highest and lowest prices executed during the session and during the last 52 weeks

Abu Dhabi, UAE – A wave of 44 large direct deals swept over the International Holding Company (IHC) shares on the Abu Dhabi Securities Exchange (ADX) on Thursday.

According to ADX data, the deals were executed on 11.159 million stocks worth AED4.458 billion ($1.205 billion) at a price of AED399.5 (107.865) per share.

Large direct deals are trades that are executed outside the order book and do not affect the closing price of the relevant company’s stock or the price index. They also do not affect the highest and lowest prices executed during the session and during the last 52 weeks.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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