Waha Capital stock hikes to 1M high

Abu Dhabi – Mubasher: Waha Capital’s stock, listed on Abu Dhabi Securities Exchange (ADX), on Wednesday rose to its highest level since the trading session on 4 September.

By 12:50 pm UAE time, the stock price rose 2.3% or AED 1.78, generating AED 2.53 million, after trading 1.44 million shares.

This price increase pushed the investment sector up 0.68%.

It is expected from portfolios to take new positions in the stock, especially with predictions about improved financial results in the third quarter of 2017, financial analyst Salman Khallaf told Mubasher.

MUBASHER Contribution Time: 18-Oct-2017 09:46 (GMT)
MUBASHER Last Update Time: 18-Oct-2017 09:46 (GMT)