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Emirates NBD’s stock jumps early Wednesday on H1 robust profits

Emirates NBD’s stock jumps early Wednesday on H1 robust profits
The stock went up by 0.89% to AED 11.4
Emirates NBD
EMIRATESNBD
-0.60% 16.60 -0.10

Dubai – Mubasher: Emirates NBD’s stock, listed on the Dubai Financial Market (DFM), jumped early Wednesday after the bank posted its solid financial results for the first half of 2019.

By 11:41 am UAE timed, the stock went up by 0.89% to AED 11.4 after seeing trading of 391,460 shares at a turnover of AED 4.49 million through 9 transactions.

Earlier this day, Emirates NBD announced it achieved a net profit of AED 7.5 billion in the six-month period ended 30 June 2019, up 49% from AED 5.01 billion in the year-ago period.