The share of “ADNOC Gas” consolidated its gains in the first week of listing on the Abu Dhabi Stock Exchange, to gain its market capital of approximately 37 billion dirhams. The market capital of “ADNOC Gas” shares rose from 181.9 billion dirhams upon listing to more than 218.7 billion dirhams by the end of yesterday’s session.
The share price increased by 20.2% since the listing, to close at 2.85 dirhams at the end of trading today, compared to the offering price of 2.37 dirhams. And “ADNOC Gas” attracted liquidity during the week by regarding 1.236 billion dirhams, following trading on more than 436.9 million shares through more than 16.6 thousand transactions. And ADNOC Gas shares were listed at the beginning of the week on the Abu Dhabi market, in the largest initial public offering ever in the market and the largest initial public offering in the world so far this year.
