Purehealth shares jumped on the first day of trading on the Abu Dhabi Exchange.
Impressive First-Day Performance
PureHealth Holding made a remarkable debut on the Abu Dhabi Securities Exchange (ADX) as its share price surged by over 76%, closing at AED5.74.
The stock commenced trading at AED3.26 and reached a peak of AED6 during the trading session, signifying a robust market reception.
Market Capitalisation Surge
The company’s market capitalisation witnessed a substantial surge from AED36.22bn ($9.9bn) at the time of listing to AED63.77bn ($17.4bn) by the day’s close.
This sharp escalation in market valuation reflects the significant investor interest and confidence in PureHealth Holding’s prospects.
PureHealth Holding’s outstanding performance on its inaugural trading day underscores investor optimism and demonstrates a promising start for the company in the ADX market.
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