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.
Air Canada's fleet of hundreds of planes remained grounded on Monday morning after striking flight attendants refused a government-backed order to get back to work and called on the airline to return to the bargaining table.
The Gulf Cooperation Council (GCC) countries saw a slight decline in overall national income in 2023, but their non-oil economies continued to grow steadily, according to new data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat).
Air Canada's unionised flight attendants walked off the job early on Saturday morning after pay talks with the country's largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers.
Dubai recorded a GDP of AED119.7 billion in the first three months of the year, marking a 4 per cent growth during the same period last year, driven by strong performances and expansion across various sectors.
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November.
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Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.