Dubai-Mubasher: GFH Financial Group’s stock witnessed a positive performance following the transaction of selling a stake owned by one of its units in a football club.
GFH Capital Limited, a subsidiary of GFH, sold its remaining 18% equity interest in Leeds United Football Club to Eleonora Sport Limited.
GFH’s stock rose 0.99% to AED 1.02 by 1:35pm UAE time.
Trading on the stock reached 35 million shares exchanged through 271 transactions, with a turnover of AED 35.75 million.
The banks stock declined 0.2%, while the main index slid 1.03% or 35.72 points to reach 3,483.21 points.
The main index slid 1.03% or 35.72 points to reach 3,483.21 points.
