PureHealth Holding's share price soared by more than 76 per cent on its first day of trading on the Abu Dhabi Securities Exchange (ADX) on Wednesday, closing at AED 5.74.
The share's opening price was AED 3.26, before hitting a high of AED 6.00 during the trading session.
The company's market capitalisation also rose sharply, from AED 36.22 billion at listing to AED 63.77 billion at the end of the day.
The shares attracted trading worth over AED 218.7 million on its first day of trading, with 39.14 million shares changing hands in 6,418 transactions.
On December 1, PureHealth Holding PJSC, the largest healthcare platform in the Middle East, announced it was offering 1,111,111,111 shares of the Company for its Initial Public Offering (IPO) on the First Market of ADX, representing 10 per cent of the total share capital of the Company.
US trade chief sees only limited role for WTO
Dubai South awards AED 2 billion contract for development of 'Hayat' project
Australia to halve tax on fuel, underwrite spot cargoes
Business leaders affirm strength of Dubai's diversified economic model
WTO advances world’s first digital trade rules despite opposition
