Dubai – Mubasher: The Commercial Bank of Dubai (CBD) rose on the Dubai Financial Market (DFM) on Thursday, its first session after disclosing its financial results for the first nine months of 2017.
By 12:01 pm UAE time, the stock added 2.56% to AED 4, its highest price since 18 September, after 204,300 shares were traded, with a turnover of AED 816,300.
The banks sector grew 0.45%, while the Dubai Financial Market General Index (DFMGI) went up 0.45% or 16.28 points to 3,661.72 points.
The DFM’s trading volume reached 542.96 million shares, while the market’s liquidity was AED 670.77 million generated through 4,369 transactions.
