Dubai-Mubasher: Amlak Finance’s stock rose to its highest level in ten sessions on Wednesday, following the announcement of its quarterly profits.
The stock gained 3.5% or AED 0.05 to AED 1.5.
Net profits stood at AED 122.97 million ($33.5 million) in Q1-16, a rise of 1919% from AED 6.09 million ($1.66 million) in Q1-15.
The stock saw trading of 26.8 million shares through 435 transactions, with a turnover of AED 40.2 million.
