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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

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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