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GFH discloses June market-making activities on DFM, Bahrain Bourse

GFH discloses June market-making activities on DFM, Bahrain Bourse
The total number of securities purchased on the DFM amounted to 27.69 million shares in June
GFH
GFH
-2.68% 1.09 -0.03

Mubasher: GFH Financial Group on Sunday announced the details of the market-making transactions performed by its market maker SICO in June on both Bahrain Bourse and the Dubai Financial Market (DFM).

The total number of securities purchased on the DFM amounted to 27.69 million shares in June, while the securities sold were 36.46 million shares, the group said in a statement to the DFM and Bahrain Bourse.

Meanwhile, the total number of securities purchased on Bahrain Bourse reached 783,488 shares last month, and the sold securities stood at 10.92 million shares, the group added.

In the DFM, total money paid amounted to AED 24.54 million last June, and total money received reached AED 32.31 million, the Bahrain-based Islamic wholesale investment bank said.

Moreover, the total money paid in Bahrain Bourse amounted to $187,385 and total money received reached $2.6 million.

In February, GFH Group announced it had appointed SICO to act as a liquidity provider for its shares listed on the Dubai Financial Market (DFM).