Shuaa Capital’s stock up 8% as merger approaches

Dubai – Mubasher: The stock of Shuaa Capital rose by 7.9% during Sunday in line with the approach of the merger deal with Abu Dhabi Financial Group (ADFG).

By around 01:10 pm UAE local time, the stock reached AED 0.975 at total liquidity of 10.08%.

The board members of Shuaa Capital will hold a meeting on Tuesday, 25 June, to approve the strategic investment deal with ADFG.

Mubasher Contribution Time: 23-Jun-2019 09:44 (GMT)
Mubasher Last Update Time: 23-Jun-2019 09:44 (GMT)