DIP Holding shares surge on debut in first UAE IPO this year
· Cairo time
Shares in DIP Holding, the first company to list in the UAE this year, rose more than 6 per cent during early trade on its debut in Dubai amid strong investor demand. The company’s stock was trading 5.8 per cent higher at at Dh1.185 at 11.18am. It was the second-biggest gainer on the Dubai Financial Market after Al Ramz Capital, which rose more than 8 per cent.With more than 65.6 million shares worth Dh77.4 million changing hands, DIP Holding…
