21/11/2017 10:06 AST

Shares in Emaar Development, the local real estate arm of top Dubai real estate developer Emaar Properties, fell sharply upon listing on Wednesday.

The stock opened at 5.61 dirhams, down from its initial public offer price of 6.03 dirhams, exchange data showed. The company had priced its initial public offer in the lower half of an indicative range of 5.7-6.9 dirhams per share set earlier this month.


Reuters

Emaar Development 2017 net profit surges 30pc

14/02/2018

Emaar Development, the UAE build-to-sell property development business unit of Dubai-based Emaar Properties has recorded a net profit of Dh2.74 billion ($747 million) for 2017, up 30 per cent over a

Trade Arabia

Nasdaq Dubai To Create Futures On Emaar Development

20/11/2017

Nasdaq Dubai will add Emaar Development to its futures market as soon as the company lists its shares on Dubai Financial Market (DFM) following its initial public offering (IPO). The listing is expec

Mondo Visione

Emaar's IPO signals market optimism, says expert

10/11/2017

When the most celebrated man-made structure on earth is built and occupied, what's the next frontier? For Dubai-based Emaar Development, the leading regional developer, it is the public itself, says

Trade Arabia

Ticker Price Volume
SURE 61.30 10,130
ALSALAM 0.00 0
A.OTHAIMMARKET 11.90 545,416
ASG 0.00 0
AJWAN 0.00 0
STC.KW 550.00 950,941
GULFUNIONALAHLIA 15.68 123,666
EMAARDEV Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
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  • 200-Day Moving Avg
Ticker Price Change
SOKOUK 49.00 -0.20 (-0.41%)
ALDAR 8.10 0.10 (1.25%)
EMAAR 8.73 0.05 (0.57%)
MASAKEN 32.00 -1.50 (-4.48%)
ERES 0.97 -0.02 (-1.53%)
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