DFM
The trade was executed on 5.7 million shares
Parkin IPO enhances market's attractiveness and draws new investors
IPO resulted in market capitalization of AED6.30 billion upon admission
The Dubai-based company is selling about 27 million shares at a price of $59 per share in a secondary offering
Parkin will commence trading on the DFM on March 21, 2024
The DFM General Index ranked 5th globally in 2023
Leading banking and real estate stocks support the growth of UAE’s financial markets
Rising by 124 percent year-on-year
UAE and Saudi Arabia propel region's robust market performance
