Dubai – Mubasher: Dubai-based global ports operator DP World’s stock rose 0.6%, backed by the growth of its positive annual results and dividends for 2016.
The stock reached $21.6, with a turnover of $2.66 million generated from the exchange of 123,640 shares.
Positive annual results reflected the company’s good operation performance and expansion in some international cities, financial analyst Mahmoud Ziad said.
The stock sees resistance at $22.3 - the same level tested in late February and March, Ziad added.
