The Dubai Financial Market (DFM) has observed the completion of a substantial direct transaction involving Ekttitab Holding shares, amounting to a total value of AED 3.78M.
DFM data reveals that the transaction involved 14.4 million shares, executed for AED 0.26 per share. The closing price of Ekttitab Holding shares today stands at AED 0.21, reflecting a 0.95 percent increase.
These significant automated transactions, facilitated by local markets for investors and brokerage firms, allow for the execution of deals on listed company shares without being constrained by the market’s prevailing price range limits.
Notably, the execution of large direct deals has no impact on the closing price of the company’s shares or the overall index. Furthermore, it does not influence the highest and lowest prices recorded during the session or over the last 52 weeks, according to WAM.
