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

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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

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Emaar's IPO signals market optimism, says expert

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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

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Ticker Price Volume
ORDS 12.93 2,023,058
GASCO 105.60 64,864
QLMI 2.05 133,047
ACICO 77.00 317,226
MSPW 0.27 0
ALUJAIN 34.75 103,103
SABIC 65.60 1,403,709
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
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SOKOUK 57.00 0.40 (0.70%)
EMAAR 13.55 0.10 (0.74%)
ALDAR 7.82 0.14 (1.82%)
MASAKEN 42.60 0.90 (2.15%)
ERES 0.99 -0.03 (-2.95%)
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