Dubai – Mubasher: The stock of Dubai Islamic Insurance & Reinsurance Company (AMAN) rose 1.61% to AED 0.945 by 10:45 am UAE time on Thursday, hitting its highest level since the beginning of September 2017.
The stock’s trading volume reached 460,000 shares, generating about AED 433,760 liquidity.
The Dubai Financial Market’s (DFM) main index edged up 0.09% or 2.97 points to reach 3,601.62 points.
It is worth noting that the financial results of AMAN turned to profits in the second quarter of 2017, registering AED 1.52 million against a loss of AED 1.87 million in the comparative period in 2016.
The company’s CEO, Jihad Faitrouni, has expected that income statements will turn to profits by the end of 2017 on the back of the approved correction plan.
