Close Menu
Dubai.News: Stay Updated With The Latest UAE & Global News
  • World
  • UAE
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • How to in Dubai
  • About Us
What's Hot

Mariah Carey Set to Return to Abu Dhabi for Saadiyat Nights 2026

October 23, 2025

OpenAI Launches ChatGPT Atlas — A Revolutionary AI-Powered Web Browser

October 22, 2025

Al Ameen Forum 2025 Highlights UAE’s Vision for Community Security and Cultural Resilience

October 22, 2025
Facebook X (Twitter) Instagram
Dubai.News: Stay Updated With The Latest UAE & Global News
Facebook X (Twitter) Instagram
  • World
  • UAE
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • How to in Dubai
  • About Us
Dubai.News: Stay Updated With The Latest UAE & Global News
  • Home
  • UAE
  • Middle East
  • World
  • Entertainment
Dubai.News » Home - Business - ADX Executes AED149 Million Transaction in IHC Shares
Business

ADX Executes AED149 Million Transaction in IHC Shares

Major deal underscores the growing activity in Abu Dhabi's stock market
Dubai News StaffBy Dubai News StaffNovember 19, 20241 Min Read
Share this post Facebook Twitter WhatsApp Email LinkedIn Telegram
WAM

What To Know

  • The transaction consisted in the simultaneous purchase and sale of 360,000 IHC shares at AED414 each.
  • Such direct deals as this one do not take place through the normal electronic bidding and trading and orders and therefore do not affect the company closing share price or even the index price.
  • Such deals are indicative of the self-confidence with regard to the capability of the Abu Dhabi stock market and its increasing popularity among regional as well as international investors.

ADX has signed a big direct deal on its integrated system involving IHC shares. With transaction value crossing AED149 million, the deal highlights the ongoing activity across the Emirate’s financial markets.

The transaction consisted in the simultaneous purchase and sale of 360,000 IHC shares at AED414 each.

Such direct deals as this one do not take place through the normal electronic bidding and trading and orders and therefore do not affect the company closing share price or even the index price. They do not affect the day’s high or low, or the 52-week high or low either.

This move shows that the ADX is in charge of standardizing high-value trades and ensuring market stability as investors conduct their strategic trade easily. Such deals are indicative of the self-confidence with regard to the capability of the Abu Dhabi stock market and its increasing popularity among regional as well as international investors.

Related news:

Ajman’s GDP Surges to AED 36 Billion in 2023 UAE-China Trade to Exceed $100 Billion in 2024 UAE Rolls Out Major New Tax Rules to Attract Global Investors VUZ Raises $12M to Expand Immersive Video Platform Across UAE, Saudi Arabia, and Global Markets
Share. Facebook Twitter WhatsApp Email Copy Link
Previous ArticleRTA Launches New Measures to Boost Taxi Services in Dubai
Next Article Neymar Jr. Joins Dubai’s Elite with $50M Bugatti Residences Penthouse
Dubai News Staff
  • Website

Related Posts

Mariah Carey Set to Return to Abu Dhabi for Saadiyat Nights 2026

October 23, 2025
Read More

OpenAI Launches ChatGPT Atlas — A Revolutionary AI-Powered Web Browser

October 22, 2025
Read More

Al Ameen Forum 2025 Highlights UAE’s Vision for Community Security and Cultural Resilience

October 22, 2025
Read More

Amazon Launches Ultra-Fast 15-Minute Delivery Service Across UAE

October 21, 2025
Read More
Don't Miss
Event

Mariah Carey Set to Return to Abu Dhabi for Saadiyat Nights 2026

Abu Dhabi’s winter entertainment calendar just got brighter — global icon Mariah Carey is officially…

Read More

OpenAI Launches ChatGPT Atlas — A Revolutionary AI-Powered Web Browser

October 22, 2025

Al Ameen Forum 2025 Highlights UAE’s Vision for Community Security and Cultural Resilience

October 22, 2025

Amazon Launches Ultra-Fast 15-Minute Delivery Service Across UAE

October 21, 2025
Just In

FABEN ART – “Achievements of Love” Exhibition Brings a Wave of Emotion to Dubai

October 21, 2025

Diwali 2025: Dubai’s Hindu Temple and Gurudwara Expect 50,000 Devotees During Festive Week

October 20, 2025

Ejari and DEWA Connection: How They Work Together in Dubai (2025 Guide)

October 18, 2025

Setting Up Utilities When You Move Into a New Home in Dubai (2025 Guide)

October 18, 2025

Subscribe to Updates

Get the latest updates from Dubai News.

Explore

UAE

  • Crime
  • Education
  • Emergencies
  • Expo City Dubai
  • Environment
  • Government
  • Legal
  • Transport
  • Weather
  • Opinion

World

  • Africa
  • Asia
  • Americas
  • Europe
  • Gulf
  • MENA

Business

  • Auto
  • Aviation
  • Corporate
  • Economy
  • Energy
  • Finance
  • Markets
  • Property
  • Tech
  • Cryptocurrency
  • Telecom

Sports

  • Cricket
  • Football
  • F1
  • Golf
  • Horse Racing
  • Tennis
  • Local Sports

Entertainment

  • Gaming
  • Movies
  • OTT
  • Music
  • Local Events
  • Things to do in UAE
About Us

Dubai.News is an independent media platform dedicated to capturing the pulse of Dubai — from innovation and finance to culture, lifestyle, and global influence.

Our mission is to tell the stories shaping the world’s most dynamic city — connecting its vision to readers across the Middle East, Africa, and beyond.

Facebook X (Twitter) Instagram
Dubai.News: Stay Updated With The Latest UAE & Global News
  • Home
  • UAE
  • Middle East
  • World
  • Entertainment
A Fame By Sheeraz INC. Media Company. 8367 West Sunset Blvd, West Hollywood, CA 90069

Type above and press Enter to search. Press Esc to cancel.