Dubai – Mubasher: National Central Cooling Co.’s (Tabreed) stock declined in Monday’s mid-session, despite the positive annual financials for 2016.
The stock declined 3.55% to stand at AED 1.9 by 11:40am UAE time.
The company’s net profits rose 6.4% year-on-year to AED 367.4 million in 2016.
The stock saw trading of 2.88 million shares through 62 transactions, with a turnover of AED 5.58 million.
The services sector rose 0.10%, while Dubai’s main index increased 0.27%.
