Boosted by a fairly well-received rights issue, which brought in some timely new funds, the company’s stock opened for trade along with other listed entities on the Dubai stock exchange at 10am….
Tag: DFM
Spinneys is latest DFM entrant to get off to strong start on opening day
By 10:30, Spinneys had racked up over 75 million in volumes traded, with the stock at Dh1.65, up by 7.19 per cent. Spinneys recorded profits of Dh254 million in 2023, continuing a…
Drake & Scull brings down losses to Dh46m in Q1-2024 ahead of May 21 re-listing on DFM
“Dealing with the accumulated losses is totally dependent on the successful completion of the restructuring plan that was approved by all concerned parties, including banks, creditors and shareholders, in addition to government…
On DFM, Union Properties' stock gets another boost after elevation to 'first category'
Dubai: The Union Properties’ stock is having another breakout day on the DFM, closing near the 10 per cent up mark in the first hour of trade opening Friday (March 15). This…
Will Dubai project firm Drake & Scull International make a comeback on DFM after 6 years?
“Drake & Scull Int. is working to satisfy the necessary requirements of SCA and DFM for the resumption of DSI shares trading. DSI is at an advanced stage for this coming back…