DIB’s stock jumps in Tuesday’s mid-trade

Dubai – Mubasher: Dubai Islamic Bank’s (DIB) stock grew 0.97% in Tuesday’s mid-session on the back of announcing the financial results of the first quarter of 2019.

By 12:10 pm UAE time, DIB’s stock stood at AED 5.2 with a total turnover worth AED 58.99 million.

DIB’s Q1-19 financials came above analysts’ expectations.

The UAE’s largest Islamic bank posted a 12% year-on-year increase in profits in Q1-19, recording AED 1.3 billion.

 

 

 

Mubasher Contribution Time: 23-Apr-2019 08:36 (GMT)
Mubasher Last Update Time: 23-Apr-2019 08:41 (GMT)