Tabreed stock back to green on finance facility

Dubai-Mubasher: National Central Cooling Company’s stock (Tabreed) rose following news that the company signed a long term limited recourse project finance facility worth AED 192.5 million with Emirates NBD.

The stock rose 0.96% to reach AED 1.050 by 12:00pm UAE time after trading 571,534 shares with turnover reaching AED 594,000.

Also, the services sector rose 0.25%, while the general index added 1.77% to reach 2,971.31 points.

Mubasher Contribution Time: 16-Dec-2015 08:15 (GMT)