Finance House in price leap

United Arab Emirates: Monday, December 17 - 2007 at 09:40

Abu Dhabi's Finance House has said expectation of its Q4 results and the fact its stock was undervalued when compared to its peers might have been among the factors behind a steep rise in its share price in recent days, reported Gulf News. The Abu Dhabi Securities Market wrote to the firm asking for clarification as why its stock jumped 8.8% last Thursday and 10% yesterday.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Monday, December 17 - 2007 at 09:40 UAE local time (GMT+4)

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