Five million shares of Gulf Navigation
Today, the Gulf Navigation Holding PJSC sold 5 million shares for AED 20 million in four significant Direct Deal Transactions (DDT) on the Dubai Financial Market (DFM).
Following the trade of more than 13.6 million shares worth AED 72.6 million through 1,166 deals, the company’s stock price ended the day 8 percent higher at AED 5.4.the 7th of March, DFM launched a new market process for Direct Deal Transactions (DDT).DDTs are a kind of block trade since they are off-market transactions that are carried out outside the Order Book.
Associated Press Emirates News Agency Following the trade of more than 13.6 million shares worth AED 72.6 million through 1,166 deals, the company’s stock price ended the day 8 percent higher at AED 5.4.the 7th of March, DFM launched a new market process for Direct Deal Transactions (DDT).DDTs are a kind of block trade since they are off-market transactions that are carried out outside the Order Book.
DUBAI, 8th June, 2023 (WAM) — Dubai Financial Market (DFM) conducted today four major Direct Deal Transactions (DDT) on 5 million shares of the Gulf Navigation Holding PJSC worth AED 20 million.
The company’s share closed 8 percent higher at AED 5.4 after trading of more than 13.6 million shares at the value of AED 72.6 million through 1,166 deals.
DFM introduced a new market procedure on Direct Deal Transactions (DDT) on 7th March.
DDTs are off-market transactions executed outside the Order Book and are considered a type of block trade. Following the trade of more than 13.6 million shares worth AED 72.6 million through 1,166 deals, the company’s stock price ended the day 8 percent higher at AED 5.4.the 7th of March, DFM launched a new market process for Direct Deal Transactions (DDT).DDTs are a kind of block trade since they are off-market transactions that are carried out outside the Order Book.
