Institutional investors rush to Asiri Hospitals

Wednesday, 26 September 2012 01:33 - - {{hitsCtrl.values.hits}}

Institutional investors were mostly rushing to pick up quantities of Asiri Hospital which dominated market’s turnover with a Rs. 186.5 million contribution yesterday.

Slightly over 16 million shares of Asiri Hospital Holdings Plc changed hands yesterday via 411 trades. The share closed up 30 cents to Rs. 11.40 after hitting a high of Rs. 12.

The biggest buyer was National Equity Fund of NAMAL, estimated to have collected around 10 million shares for Rs. 115 million, whilst HNB Pension Fund bought five million shares for Rs. 23 million.