By: Amr Adel
Abu Dhabi – Mubasher: The active trading on Al Safwa Mubasher’s stock on the Dubai Financial Market (DFM) can be attributed to the change of shareholders’ stakes in the company, CEO Ehab Rashad stated on Wednesday.
Over 5% of the shareholders’ stakes were modified today, with Mubasher Holding's and Bahraini Mubasher Financial Services' (MFS) stakes reaching 47.45% and 28.75%, respectively, according to a bourse statement.
Al Safwa Mubasher dropped 10% to AED 0.999 on the DFM at Wednesday’s close, and topped the market in terms of both trading volume and value, after 267.79 million shares were traded, with a turnover of AED 294.56 million.
Translated by: Muhammad Khalid
