joining "Park" To the Dubai Financial Market General and Islamic Index
Dubai, April 16 / WAM / The Dubai Financial Market announced that “Parkin” has joined the general market index, the Islamic index, and the industrial sector index.
The Dubai Financial Market said, in a circular today, that the joining will be effective April 22.
Parkin shares were listed on the Dubai Financial Market last March, and the listing received exceptional interest from international and regional investment institutions, and from individual investors in the UAE, as the total subscription requests for Parkin shares exceeded approximately 259 billion dirhams, with the value of subscription applications exceeding For approximately 165 times.
This strong demand confirms investors’ confidence in Parkin’s growth strategy, and that it is a strong investment opportunity, in light of the steady economic performance and population expansion of the Emirate of Dubai.
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