By: Mahmoud Gamal
Dubai – Mubasher: The stock of Gulf Medical Projects has leaped by 7.05% to reach its highest level since 22 June, 2009.
The stock reached AED 3.19 by 10:50am UAE time, with liquidity reaching nearly AED 62,700 after 20,000 shares were traded through two transactions.
The positive performance of the stock was due to investors that are aware of the company’s current operating activity, capital market analyst Amir Al-Mansoury said, noting that this active trading comes before preparing and announcing the financials.
The main index of Abu Dhabi Securities Exchange (ADX) levelled up by 0.42% or 19.15 points to reach 4,490.72 points.
Translated by: Ingy ElSafy
