UAE Stock Markets Mixed in Slight Fluctuations: Parkin Company’s Shares Surge Despite Offering Price Difference

UAE stocks show mixed results in second-to-last session of first quarter

On Thursday, the UAE stock indices were slightly mixed after a session that saw fluctuations in performance due to selective buying of shares in various sectors. The Dubai market index rose by 0.02% to 4232.94 points, while the Abu Dhabi market decreased by 0.09% to 9263.96 points.

The Parkin Company’s shares reached a high of 2.94 dirhams before closing at 2.89 dirhams, representing a rise of 4.71% and 37.6% compared to the offering price of 2.1 dirhams. The company’s shares attracted liquidity of 46.25 million dirhams, with a total liquidity of 1.6 billion dirhams split between the Abu Dhabi and Dubai markets

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