United Arab Emirates shares higher at close of trade; DFM General up 0.61%

  • Investing.com
  • Stock Market News
United Arab Emirates shares higher at close of trade; DFM General up 0.61%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Finance & Investment , Banking and Consumer Staples sectors propelled shares higher.

At the close in Dubai, the DFM General rose 0.61%, while the ADX General index added 0.05%.

The biggest gainers of the session on the DFM General were Marka Pjse (DU: MARKA ), which rose 3.58% or 0.02 points to trade at 0.55 at the close. Arabtec Holding PJSC (DU: ARTC ) added 3.28% or 0.080 points to end at 2.520 and Dubai Investments PJSC (DU: DINV ) was up 3.17% or 0.070 points to 2.280 in late trade.

Biggest losers included SHUAA Capital PSC (DU: SHUA ), which lost 2.68% or 0.030 points to trade at 1.090 in late trade. Gulf Navigation Holding PJSC (DU: GNAV ) declined 1.80% or 0.020 points to end at 1.090 and Gulf General Investments Company (DU: GGIC ) shed 1.41% or 0.005 points to 0.350.

The top performers on the ADX General were Eshraq Properties Co PJSC (AD: ESHR ) which rose 2.78% to 0.7400, Dana Gas (AD: DANA ) which was up 2.74% to settle at 0.750 and Ad Natl Energy (AD: TAQA ) which gained 2.63% to close at 0.780.

The worst performers were Gulf Pharm Ind (AD: GPHI ) which was down 3.67% to 2.100 in late trade, Methaq (AD: METH ) which lost 2.38% to settle at 0.820 and Rak Ceramics (AD: RKCE ) which was down 1.92% to 3.070 at the close.

Advancing stocks outnumbered falling ones by 18 to 13 and 8 ended unchanged; on the Abu Dhabi, 8 fell and 8 advanced, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.29% or 0.81 to $63.58 a barrel. Meanwhile, Brent oil for delivery in May unchanged 0.00% or 0.00 to hit $67.04 a barrel, while the April Gold Futures contract fell 0.17% or 2.20 to trade at $1330.50 a troy ounce.

USD/AED was unchanged 0.00% to 3.6731, while EUR/AED fell 0.29% to 4.5155.

The US Dollar Index Futures was up 0.17% at 89.81.

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