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Abu Dhabi outperforms Gulf bourses as IHC surges on unit's listing - News


Abu Dhabi outperforms Gulf bourses as IHC surges on unit’s listing
muzaffarrizvi@khaleejtimes.com
Filed on June 27, 2021
The Abu Dhabi index closed 1.99 per cent up to 6,706.65 points buoyed by a 15 per cent surge in International Holding.
File photo
Alpha Dhabi Holding, in which IHC holds a 45 per cent stake, opened at Dh20 a share before easing to Dh15, giving it a market value of more than Dh175 billion
The Abu Dhahi stock market started the week on positive note and outperformed other Gulf bourses as International Holding (IHC) shares surged following listing of its unit on the Abu Dhabi Securities Exchange on Sunday. ....

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Mideast Stocks: Saudi gains as major Gulf markets ease

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