Parkin makes strong debut on DFM

Parkin

Parkin surged on its DFM debut Thursday.

The share price closed 35.2 percent higher at AED2.84, adding AED2.22 billion to its market cap (AED8.52 billion by close).

Over AED487 million in shares traded, reflecting strong investor interest (subscriptions exceeded offering by 165 times).

Parkin's growth potential and Dubai's economic strength fuelled investor confidence.

Parkin Thursday Dubai UAE Parkin Company

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