RAK Ceramic’s stock revives on higher profits

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramic’s (RAK Ceramic) stock rose on Monday despite the bearish wave that hit the Abu Dhabi Securities Exchange (ADX).

By 12:29 pm UAE time, the stock gained 0.48% to AED 2.52 at a turnover of AED 817,100 after 342,040 shares were traded through eight transactions.

Earlier on Monday, RAK Ceramic posted its third-quarter profits for 2017 which stood at AED 84.68 million, up from AED 18.23 million in Q3-16. 

Mubasher Contribution Time: 06-Nov-2017 09:05 (GMT)
Mubasher Last Update Time: 06-Nov-2017 09:14 (GMT)