By: Mahmoud Gamal
Dubai – Mubasher: Emaar Properties’ stock went up in Thursday’s trading session, backed by the news of completing Sky Bridge in in Downtown Dubai.
The developer completed designing, constructing, and lifting the bridge, which links the new Address Sky View hotel with the Address Residences Sky View.
The stock rose 0.94% to AED 7.48, generating AED 56.36 million from the exchange of 7.55 million shares.
Emaar's stock is seeing speculations to make use of the new project news before the company’s announcement of first-quarter financials next week, financial analyst Nawaf Al Anzi told Mubasher.
Translated by: Julian Nabil
