Browse
related articles
Emirates NBD rises to near pre-Lehman levels
- United Arab Emirates: Wednesday, April 24 - 2013 at 13:55
The Dubai equity index DFMGI rose 1.57% to reach 2,052.91 points. Bank Emirates NBD, the first lender in the UAE and number two in the GCC, jumped 10.64% to hit Dhs4.99, the highest level since Nov. 2008. Earlier in the day, Credit Suisse beat analysts' forecasts when it reported a net profit of CHF1.3bn ($1.376bn) for the first quarter, up from CHF44m ($45.57m) last year and mainly based on good results in the investment banking unit. The news from Switzerland along with the Japanese Nikkei index surge to a 5-year high fuelled the rally. Dubai bellwether Emaar Properties advanced 1.50% to reach Dhs5.43. Some 312m shares were traded, valued at Dhs415m.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistWednesday, April 24 - 2013 at 13:55 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
