Dubai – Mubasher: Emirates NBD’s stock, listed on the Dubai Financial Market (DFM), grew 1.5% to AED 10.15 by 11:30am UAE time following the announcement of its financials for the first quarter of 2015.

The stock saw a turnover of AED 1.10 million as 108,166 shares were exchanged through eight transactions.

The Dubai-listed bank reported a 61% surge in its profits in Q1-15 to AED 1.671 billion, compared to AED 1.042 billion in the same period in 2014.

The banking sector inched up 0.01%, boosting the DFMGI to rise of 0.26% with turnover nearing AED 1 billion.