Dubai – Mubasher: DXB Entertainments’ stock rose 0.2% to AED 0.797 in Tuesday’s early trades, in line with positive expectations for the company’s revenues.
The index saw trading of 100,000 shares through one transaction by 10:40 am UAE time, with a turnover of AED 79,700.
Bahrain-based investment bank SICO said in a report that the company’s revenues are expected to grow by 855% by the end of this year.
DXB Entertainments had announced entering into a management agreement with Meraas to manage a number of leisure and entertainment offerings including Hub Zero, Splash Pad, the Green Planet, Mattel Play Town, and Roxy Cinemas.
