Dubai – Mubasher: The Emirates NBD bank’s stock rose 2.84% to AED 8.33 with 175,000 traded shares and a turnover of AED 1.45 million by 11:06 am UAE time on Monday on the Dubai Financial Market (DFM).

The Emirates NBD’s financial results for the third quarter of 2017 reflected the good operational performance and the expansion in the bank’s main business, which is entertainment, financial analyst Mahmoud Ziad told Mubasher.

Technically, the stock is targeting AED 8.35 and AED 8.4 levels, and by breaking above which, it can grew to AED 8.8 and AED 9 levels, Ziad added.

Meanwhile, the DFM inched down 0.09% to 3,636.35 points.