Abu Dhabi – Mubasher: International Fish Farming Holding’s (Asmak) stock active trading on Wednesday and Thursday, reaching its highest level in more than three years.
Asmak’s stock rose 14.62% to AED 2.43 on Thursday after trading 21.21 million shares worth AED 49.06 million.
The company’s stock went up 6.53% on Wednesday after generating AED 34.67 million from the exchange of 16.44 million shares.
Approach of fourth-quarter financials led to speculations on small-cap and blue-chip stocks like Asmak, according to Eyad Al Bouriki, General Manager of Al Ansari Financial Services.