United Arab Emirates shares lower at close of trade; DFM General down 1.05%

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United Arab Emirates shares lower at close of trade; DFM General down 1.05%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Finance & Investment , Transport and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General declined 1.05%, while the ADX General index lost 0.56%.

The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU: TKFE ), which rose 2.62% or 0.050 points to trade at 1.960 at the close. Emaar Malls (DU: EMAA ) added 0.48% or 0.010 points to end at 2.080 and Gulf Navigation Holding PJSC (DU: GNAV ) was up 0.21% or 0.002 points to 0.954 in late trade.

Biggest losers included Drake & Scull International PJSC (DU: DSI ), which lost 5.61% or 0.028 points to trade at 0.471 in late trade. Damac Properties Dubai Co PSC (DU: DAMAC ) declined 3.14% or 0.070 points to end at 2.160 and Dubai Islamic Insurance Co. (DU: AMAN ) shed 2.90% or 0.020 points to 0.670.

The top performers on the ADX General were Foodco Holding PJSC (AD: FOOD ) which rose 6.32% to 3.70, Agthia Group (AD: AGTH ) which was up 3.96% to settle at 4.99 and Aldar Properti (AD: ALDR ) which gained 0.52% to close at 1.940.

The worst performers were Finance House (AD: FH ) which was down 8.98% to 1.520 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which lost 5.36% to settle at 0.530 and Ad Natl Energy (AD: TAQA ) which was down 5.00% to 1.140 at the close.

Declining stocks outnumbered rising ones by 23 to 9 and 4 ended unchanged; on the Abu Dhabi, 18 fell and 5 advanced, while 5 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.45% or 0.97 to $67.78 a barrel. Meanwhile, Brent oil for delivery in October rose 1.25% or 0.90 to hit $72.97 a barrel, while the December Gold Futures contract fell 0.06% or 0.70 to trade at $1219.20 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 1.04% to 4.1907.

The US Dollar Index Futures was up 0.76% at 96.19.

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