Abu Dhabi-Mubasher: Ras Al Khaimah Ceramics’ (RAK Ceramics) stock was the best performer on Sunday following the company’s release of its financial results for the fiscal year 2015.
The stock rose 9.27% to AED 3.30 after 1.521 million shares were traded, generating AED 5.024 million by 12:00pm UAE time.
Ras Al Khaimah Ceramics (RAK Ceramics) reported a 10.2% rise in its annual net profits to AED 310.3 million in the fiscal year 2015, according to the company’s statement on Sunday.
The industrial sector gained 3.83% or 80.99 points to reach 2,197.55 points. Abu Dhabi market’s general index advanced 0.32% or 13.13 points to reach 4,084.93 points.
