Emaar Properties led trading on the DFM

Published December 19th, 2005 - 06:49 GMT
Al Bawaba
Al Bawaba

Emaar Properties led the trading on the DFM on Sunday with 62 per cent of the total market turnover of Dh966.5 million ($263.1 million). It eased 0.6 per cent to Dh24.85.

 

Acording to Gulf News, investment bank EFG-Hermes downgraded its recommendation on Emaar to "reduce" from "neutral" last week, claiming it saw little room for the company's earnings to produce a positive surprise.