The Dubai Financial Market (DFM) has witnessed the execution of a large direct deal on Ekttitab Holding shares worth a total of AED 3.78 million.
According to data from DFM, the trade was executed on 14.4 million shares at an execution price of AED 0.26. Ekttitab Holding shares closed today at AED 0.21, up 0.95 percent.
Local markets offer large (automated) deals to investors and brokerage firms, making it possible to complete such deals on the shares of a listed company without being bound by the price range limits prevailing in the market.
Large direct operations carried out do not affect the closing price of the shares of the company in question or the general index. They also do not affect the high and low prices executed during the session or during the last 52 weeks.
News source: Emirates News Agency