Dubai – Mubasher: SHUAA Capital’s stock rose 2% to AED 1.16 on Monday by 11:15 am UAE time on the Dubai Financial Market (DFM), with a turnover of AED 5.13 million and trading volume of 4.38 million shares, after the disclosure of the company’s quarterly results. 

SHUAA Capital’s financial results showed AED 23 million in net profits for the third quarter of 2017.

SHUAA made AED 60 million in net profits during the first nine months of 2017, which is its highest level since 2007, according to a company statement.