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Etisalat's stock gains 0.56% on higher profits

Etisalat's stock gains 0.56% on higher profits
The ADX added 0.41%
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ETISALAT
0.83% 16.94 0.14

Abu Dhabi – Mubasher: Emirates telecommunications Group’s (Etisalat) stock rose on Thursday on the Abu Dhabi Securities Exchange (ADX) after the disclosure of its financial results for the third quarter of 2017, which showed increase in net profits.

By 11:50 am UAE time, the stock grew 0.56% to AED 18 with a turnover of AED 8.9 million.

The ADX added 0.41% to 4,481.08 points.

Etisalat saw a 26% year-on-year growth in net profits to AED 2.82 billion in Q3-17.