Economy Local October 24, 2024

Huge Transactions in Abu Dhabi Securities Market

The Abu Dhabi Securities Market recorded significant transactions on the shares of TAQA worth 22.5 billion dirhams, distributed over 7.6 billion shares at 2.95 dirhams each.


Huge Transactions in Abu Dhabi Securities Market

According to the data, Suhoor Abu Dhabi recorded large transactions from the energy company totaling 22.5 billion dirhams. The trading volume amounted to 7.6 billion shares at a price of 2.95 dirhams per share.

One of the market representatives stated the following: "These transactions confirm investors' confidence in the growth potential of this company and prospects for investments in it over the long term."

Moreover, experts noted that similar investments indicate a positive attitude of investors towards the company's prospects in general and contribute to strengthening its position in the market.