Dubai – Mubasher: Amanat Holding’s stock jumped on Wednesday by 4.17% to AED 1 on the back of its investment portfolio company International Medical Center's approval to acquire 100% of three medical facilities in Jeddah, Saudi Arabia.

On Tuesday, Amanat, listed on the Dubai Financial Market (DFM), said that IMC had agreed to fully acquire three medical facilities in Jeddah.

Investors in the DFM have traded around 6.327 million shares on the stock at a turnover of AED 6.295 million.

Amanat’s stock has revived today and shrugged off the negative performance of the DFM.

The DFM’s general index closed Wednesday in red territory, dragged down by declining blue chips at 2,666.04 points.