Dubai – Mubasher: The stock of Emirates NBD, listed on the Dubai Financial Market (DFM), increased by 2.2% to AED 9.2 on Tuesday after announcing the earnings statement of the first nine months of 2018.
By 10:42 am UAE time, the stock saw the trading of 800,000 shares exchanged through 12 transactions, generating a turnover of AED 7.36 million.
The heavyweight stock pushed the banks sector to grow 1%, while the DFM general index rose 13.80 points, or 0.51%, to 2,728.63 points.
The DFM saw the trading of 27.76 million shares exchanged through 210 deals with a liquidity of AED 31.22 million.
Earlier on Tuesday, the Emirati lender announced a 16% year-on-year increase in profits for the third quarter of 2018, amounting to AED 2.638 billion, versus AED 2.275 billion.
In the first nine months of the year, net profits rose by 24% to AED 7.656 billion, compared AED 6.170 billion in the same period a year earlier.
