United Arab Emirates shares higher at close of trade; DFM General up 0.97%
Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Banking , Real Estate & Construction and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General rose 0.97%, while the ADX General index added 0.14%.
The biggest gainers of the session on the DFM General were Emirates NBD PJSC (DU: ENBD ), which rose 13.64% or 1.200 points to trade at 10.000 at the close. Emaar Malls (DU: EMAA ) added 1.89% or 0.040 points to end at 2.160 and Emaar Development PJSC (DU: EMAARDEV ) was up 1.16% or 0.060 points to 5.220 in late trade.
Biggest losers included Marka Pjse (DU: MARKA ), which lost 6.38% or 0.04 points to trade at 0.54 in late trade. Dubai Islamic Insurance Co. (DU: AMAN ) declined 4.06% or 0.032 points to end at 0.757 and Mashreqbank PSC (DU: MASB ) shed 3.75% or 3.00 points to 77.00.
The top performers on the ADX General were Agthia Group (AD: AGTH ) which rose 5.97% to 4.08, Union Cement (AD: UCC ) which was up 3.23% to settle at 1.600 and Dana Gas (AD: DANA ) which gained 2.67% to close at 0.770.
The worst performers were Union Insurance Co PSC (AD: UNIN ) which was down 9.88% to 1.46 in late trade, Commercial Bank International (AD: CBI ) which lost 9.78% to settle at 0.830 and Emirates Ins C (AD: EIC ) which was down 4.00% to 7.20 at the close.
Declining stocks outnumbered rising ones by 22 to 12 and 4 ended unchanged; on the Abu Dhabi, 15 fell and 10 advanced, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for April delivery was up 3.36% or 2.02 to $62.14 a barrel. Meanwhile, Brent oil for delivery in May rose 3.14% or 2.00 to hit $65.61 a barrel, while the April Gold Futures contract rose 0.17% or 2.30 to trade at $1324.00 a troy ounce.
USD/AED was unchanged 0.00% to 3.6729, while EUR/AED fell 0.05% to 4.5195.
The US Dollar Index Futures was unchanged 0.00% at 90.11.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or