Emaar stock hits lowest level in 11 sessions

Dubai-Mubasher: Dubai-listed real estate developer Emaar Properties’ stock fell on Sunday to lowest level in 11 sessions.

The stock levelled down 1.93% or 0.11 points to reach 5,580 points by 1:23pm UAE time.

A huge fire erupted in Emaar's "The Address Downtown" hotel on New Year’s Eve, 31 December 2015.

The real estate sector declined 1% due to a drop in Emaar in addition to Emaar Malls Group, Drake and Scull International, and Arabtec Holding which decreased by 1%, 0.96%, 0.43% and 1.6%, respectively.

 

Mubasher Contribution Time: 03-Jan-2016 09:37 (GMT)