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Ajman Bank shares soar on banks 69 Q2 profit increase |
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News -
Business News
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Monday, 08 August 2011 04:57 |
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The Dubai stock exchange DFM closed 0.76% lower at 1,473.07 points after a rollercoaster trading day. Market bellwether Emaar dipped 1.74% to Dhs2.83, while investment bank Shuaa Capital dived 4.69% to Dhs0.92. Ajman Bank gained the most (up 5% at Dhs0.84) after the smallest Islamic bank in the UAE reported a net profit of Dhs0.5m for the second quarter 2011, a 69% year-on-year increase. The UAE's largest bank Emirates NBD finished 1.79% higher at Dhs3.99. Around 129m shares were traded,
valued at Dhs178.4m. The advance-decline ratio improved to 9 to 18 (one share ended flat). Read more:
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