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DXB Entertainments stock rises at Tuesday’s open

DXB Entertainments stock rises at Tuesday’s open
Traders at Dubai's bourse
DXB Entertainments
DXBE
1.28% 0.08 0.00

Dubai – Mubasher: DXB Entertainments’ stock rose 0.2% to AED 0.797 in Tuesday’s early trades, in line with positive expectations for the company’s revenues.

The index saw trading of 100,000 shares through one transaction by 10:40 am UAE time, with a turnover of AED 79,700.

Bahrain-based investment bank SICO said in a report that the company’s revenues are expected to grow by 855% by the end of this year.

DXB Entertainments had announced entering into a management agreement with Meraas to manage a number of leisure and entertainment offerings including Hub Zero, Splash Pad, the Green Planet, Mattel Play Town, and Roxy Cinemas.