PureHealth Holding’s share price soared by more than 76 per cent on its first day of trading on the Abu Dhabi Securities Exchange (ADX), closing at AED5.74.
The share’s opening price was AED3.26, before hitting a high of AED6 during the trading session.
The company’s market capitalisation also rose sharply, from AED36.22bn ($9.9bn) at listing to AED63.77bn ($17.4bn) at the end of the day.
Purehealth IPO
The shares attracted trading worth over AED218.7m on its first day of trading, with 39.14m shares changing hands in 6,418 transactions.
On December 1st, Pure Health Holding, the largest healthcare platform in the Middle East, announced it was offering 1,111,111,111 (one billion one hundred eleven million one hundred eleven thousand one hundred and eleven) shares of the Company for its Initial Public Offering (IPO) on the First Market of the Abu Dhabi Securities Exchange (ADX), representing 10 per cent of the total share capital of the Company.
Follow us on
