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Arabtec’s stock acquires 28% of DFM’s liquidity in Sunday’s mid-trade

Arabtec’s stock acquires 28% of DFM’s liquidity in Sunday’s mid-trade
The stock jumped by 7.22% to AED 1.93
Arabtec Holding
ARTC
-3.29% 0.53 -0.02

By: Enas Bahgat

Dubai – Mubasher: Arabtec Holding’s stock, listed on the Dubai Financial Market (DFM), has captured 28% of the DFM’s liquidity during Sunday’s trading session.

By 12:50 pm UAE time, the stock jumped by 7.22% to AED 1.93, its highest level since May 2019.

This comes following Arabtec Holding and Trojan Holding have reportedly mandated Switzerland’s UBS bank and the DFM-listed Shuaa Capital to advise a potential merger between both companies.