Dubai – Mubasher: Emaar Development’s stock decreased 4% to AED 5.8 in the first day of listing on the Dubai Financial Market (DFM).

By 10:30 am UAE time, the DMFGI inched up to 3,416.34 points with a liquidity of AED 201.86 million backed by Arabtec Holding’s 1.7% increase to AED 2.49, and Emaar Properties’ stock rose 1.32% to AED 7.7.

Emaar Development is the second firm listed on the DFM, and it has been the largest offering since three years when Emaar Malls went public in October 2017.