Arabtec Holding
ARTC
-3.29%
0.53
-0.02
ARTC
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.
Source:
Mubasher Exclusive