Dubai-Mubasher: Aramex led stocks in Sunday’s mid-session after its co-founder Fadi Ghandour sold his entire 9.9% stake.
The courier’s stock rose 2.75% to AED 4.11 by 12:30pm UAE time.
Aramex was the most active stock with trading volume of 6.35 million shares exchanged through 173 transactions, with a turnover of AED 26.1 million.
Ghandour sold all his remaining shares in Levant Logistics Holdings to Boson Ventures Corporation.
The holding company owns 9.9% stake in Aramex, totalling 144.9 million shares.