Page 146 - SALIK PR REPORT MAY 2024

Agility Global shares soar on ADX debut

Story by Fareed Rahman

• 22h • 2 min read

There has been a listing boom on the UAE bourses in recent years, including on the Abu Dhabi Securities Exchange.
Photo: ADX© Provided by The National

The shares of Agility Global, a unit of regional logistics major Agility, nearly quadrupled
in value after the company began trading on the Abu Dhabi Securities Exchange on
Thursday.

Its stock opened at Dh1.48 per share, up as much as 300 per cent compared to the
reference price of Dh0.37 per share provided by the company.

Shares of the company settled 327 per cent higher at Dh1.58 each at the closing of
trading in Abu Dhabi, giving Agility Global a market value of about Dh16.46 billion
($4.48 billion).

The company's stock ended the day as the second-most traded in terms of daily value
and volume on the ADX.

https://www.msn.com/en-ae/money/news/agility-global-shares-soar-on-adx-debut/ar-AA1o1qtg