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Emirates NBD’s stock falls in line with Q1 financials

Emirates NBD’s stock falls in line with Q1 financials
Emirates NBD announced a decline of 15% in net profit to AED 2.7 billion
Emirates NBD
EMIRATESNBD
1.85% 16.55 0.30

Dubai – Mubasher: The stock of Emirates NBD, the leading UAE bank, went down 0.42% to reach AED 11.95 early Wednesday, following the disclosure of its income statements for the first quarter of fiscal year 2018.

Emirates NBD registered a turnover of about AED 770,770 generated from nearly 64,500 shares traded through two transactions.

Earlier on Wednesday, the banking group announced a decline of 15% in net profit to AED 2.7 billion over Q1-19 when compared to the same quarter a year ago.