{"id":4809,"date":"2024-05-08T11:40:26","date_gmt":"2024-05-08T06:40:26","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=4809"},"modified":"2024-05-08T11:40:29","modified_gmt":"2024-05-08T06:40:29","slug":"gembluex-director-buys-stock-worth-over-rs-4-7-million","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/gembluex-director-buys-stock-worth-over-rs-4-7-million\/","title":{"rendered":"GEMBLUEX director buys stock worth over Rs 4.7 million"},"content":{"rendered":"\n<p>In a notification sent to the PSX on 08\/05\/2024, Blue-Ex Limited (GEMBLUEX) reported a transaction by the non-executive director.<\/p>\n\n\n\n<p>The transaction was carried out by Mr. Danish Elahi, who is a non-executive director.<\/p>\n\n\n\n<p>He bought a total of <strong>730,000 shares<\/strong> of the company at a price of <strong>Rs. 65.00 per share<\/strong>. The total amount for this transaction stands at <strong>Rs. 47,450,000<\/strong>.<\/p>\n\n\n\n<p>An insider buying stock in a company is often interpreted as a positive signal by investors. It suggests that those with intimate knowledge of the company\u2019s operations and prospects believe the stock is undervalued or poised for growth, leading to a positive impact on the stock price.<\/p>\n\n\n\n<p>GEMBLUEX shares were last trading at <strong>Rs. 28.62<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GEMBLUEX reported a transaction by the non-executive director over Rs. 4.7 million.<\/p>\n","protected":false},"author":11,"featured_media":4810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151],"tags":[244],"class_list":["post-4809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insider-transactions","tag-gembluex"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GEMBLUEX-Insider-Transaction-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GEMBLUEX-Insider-Transaction-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GEMBLUEX-Insider-Transaction-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GEMBLUEX-Insider-Transaction.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=4809"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/4810"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=4809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=4809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=4809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}