😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

United Arab Emirates shares higher at close of trade; DFM General up 0.36%

Published 26-08-2018, 04:45 pm
© Reuters.  United Arab Emirates shares higher at close of trade; DFM General up 0.36%
DFMBK
-
DFMGI
-
DFMTP
-
AMAN
-
ARMX
-
NCC
-
UPRO
-
DFMSV
-
UAB
-
IHC
-
EMSTEEL
-
ADCB
-
TAQA
-
UNB
-
FTFADGI
-
AMANT
-
DXBE
-

Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Services, Transport and Banking sectors propelled shares higher.

At the close in Dubai, the DFM General gained 0.36%, while the ADX General index added 0.50%.

The biggest gainers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 9.43% or 0.100 points to trade at 1.160 at the close. Dubai Islamic Insurance Co. (DU:AMAN) added 3.05% or 0.020 points to end at 0.675 and ARAMEX PJSC (DU:ARMX) was up 2.09% or 0.090 points to 4.400 in late trade.

Biggest losers included National Cement Company P.S.C. (DU:NCC), which lost 10.00% or 0.260 points to trade at 2.340 in late trade. DXB Entertainments (P.J.S.C.) (DU:DXBE) declined 2.57% or 0.009 points to end at 0.341 and Union Properties PJSC (DU:UPRO) shed 1.71% or 0.012 points to 0.691.

The top performers on the ADX General were United Arab Bk (AD:UAB) which rose 13.21% to 1.200, International Holding Company PJSC (AD:IHC) which was up 5.98% to settle at 1.24 and Ad Commercial (AD:ADCB) which gained 2.29% to close at 7.16.

The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 8.33% to 0.5500 in late trade, Union Natl Bk (AD:UNB) which lost 3.95% to settle at 3.650 and Ad Natl Energy (AD:TAQA) which was down 2.46% to 1.190 at the close.

Declining stocks outnumbered rising ones by 16 to 14 and 8 ended unchanged; on the Abu Dhabi, 10 rose and 7 declined, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.05% or 0.71 to $68.54 a barrel. Meanwhile, Brent oil for delivery in November unchanged 0.00% or 0.00 to hit $76.13 a barrel, while the December Gold Futures contract rose 1.53% or 18.30 to trade at $1212.30 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED rose 0.68% to 4.2691.

The US Dollar Index Futures was down 0.49% at 95.08.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.