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Dubai Investments’ stock dominates DFM’s trading volume mid-Thursday

Dubai Investments’ stock dominates DFM’s trading volume mid-Thursday
The stock has seen a trading volume of 8.105 million shares
Dubai Investments
DIC
-0.87% 2.29 -0.02

Dubai – Mubasher: Dubai Investments’ stock, listed on the Dubai Financial Market (DFM), wasthe most heavily traded stock during Thursday’s trading session, backed by the company’s financial results for the first half of 2019.

By 1:00 UAE time, the stock, which fell by 0.73% to AED 1.36, has seen a trading volume of 8.105 million shares exchanged through 128 transactions at a turnover of AED 11.059 million.

Earlier this day, Dubai Investments announced its profits grew by 17% year-on-year in the second quarter of 2019, recording AED 151 million.

In the first half of 2019, profit stood at AED 353 million, compared to AED 491 million in H1-18.