13.05.2011 - Tamweel surges on speculation drop in past two days overdone
Tamweel PJSC (TAMWEEL), the home finance company majority owned by Dubai Islamic Bank PJSC (DIB), rebounded on speculation a 19 percent slide in the past two days after a more than two-year suspension was overdone. The shares rose 6 percent to 85 fils at the 2 p.m. close in Dubai, after earlier rising as much as 13 percent. Tamweel tumbled 19 percent in the first two trading sessions since Nov. 20, 2008.............................................Full Article: Source
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