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RAK Ceramic’s stock revives on higher profits

RAK Ceramic’s stock revives on higher profits
Ras Al Khaimah Ceramic’s stock gained 0.48%
RAK Ceramics
RAKCEC
1.47% 2.77 0.04

Abu Dhabi – Mubasher: Ras Al Khaimah Ceramic’s (RAK Ceramic) stock rose on Monday despite the bearish wave that hit the Abu Dhabi Securities Exchange (ADX).

By 12:29 pm UAE time, the stock gained 0.48% to AED 2.52 at a turnover of AED 817,100 after 342,040 shares were traded through eight transactions.

Earlier on Monday, RAK Ceramic posted its third-quarter profits for 2017 which stood at AED 84.68 million, up from AED 18.23 million in Q3-16.