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Al Masraf profit up 7% to Dh433m on strong loan growth

(Gulfnews - 22/02/2017)

The Arab Bank for Investment and Foreign Trade (Al Masraf) recorded a net profit of Dh433 million in 2016, up 7 per cent compared to the Dh405 million reported in 2015. The bank's operating profit also rose by 7 per cent to Dh694 million. Profit growth

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Ticker	Price	Volume
KHALEEJI	0.08	2,442
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ADIB 13.08 (0.61%)
ADIB has extended gains for the third consecutive trading day, marching higher by 0.51% to close at AED 3.91.

ALIMTIAZ 48.9 (4.26%)
ALIMTIAZ shares touched a fresh 52-week low at 125 Fils.

EQUIPMENT 59.5 (1.19%)
EQUIPMENT shares touched a fresh 52-week low at 25.5 Fils.

TAHSSILAT 38.5 (-3.03%)
TAHSSILAT’s shares dropped by 3.85% to close at 25 Fils, staying in red territory for the third consecutive trading day.

ADIB 13.08 (0.61%)
ADIB has extended gains for the third consecutive trading day, marching higher by 0.51% to close at AED 3.91.

ARMX 2.35 (1.73%)
ARMX’s shares dropped by 1.41% to close at AED 4.2, staying in red territory for the third consecutive trading day.

AMLAK.DFM 0.748 (-0.93%)
AMLAK volume set sold 5.9 million shares, a 3 time increase over the 50-day average.

ABOB 0.15 (-)
ABOB continued its upward march to OMR 0.158 (+1.93%) staying in green territory for the 3rd consecutive trading day.

BKSB 0.146 (-)
BKSB continued its upward march to OMR 0.143 (+1.41%) staying in green territory for the 3rd consecutive trading day.

PETRORABIGH 8.33 (-0.36%)
PETRORABIGH shares have climbed to a 52-week high of SAR 25.50.

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