United Arab Emirates shares mixed at close of trade; DFM General down 0.37%

  • Investing.com
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United Arab Emirates shares mixed at close of trade; DFM General down 0.37%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Consumer Staples , Insurance and Finance & Investment sectors propelled shares higher while losses in the Services , Real Estate & Construction and Transport sectors led shares lower.

At the close in Dubai, the DFM General lost 0.37%, while the ADX General index gained 0.38%.

The biggest gainers of the session on the DFM General were AJMAN BANK PJSC (DU: AJBNK ), which rose 1.87% or 0.017 points to trade at 0.927 at the close. Emaar Development PJSC (DU: EMAARDEV ) added 1.23% or 0.060 points to end at 4.920 and Dubai Islamic Insurance Co. (DU: AMAN ) was up 1.12% or 0.007 points to 0.633 in late trade.

Biggest losers included Amanat Holdings PJSC (DU: AMANT ), which lost 4.27% or 0.050 points to trade at 1.120 in late trade. Gulf General Investments Company (DU: GGIC ) declined 2.44% or 0.006 points to end at 0.240 and National Central Cooling Co. (DU: TABR ) shed 2.37% or 0.040 points to 1.650.

The top performers on the ADX General were National Bank of Fujairah PJSC (AD: NBF ) which rose 14.86% to 3.40, Rak Cmt & Cons (AD: RAKC ) which was up 14.81% to settle at 0.930 and Abu Dhabi National Hotels Co (AD: ADNH ) which gained 14.29% to close at 4.00.

The worst performers were Ooredoo QSC (AD: ORDS ) which was down 10.00% to 63.00 in late trade, Union Insurance Co PSC (AD: UNIN ) which lost 9.77% to settle at 1.20 and Fujairah Building Industries Co PSC (AD: FBI ) which was down 9.62% to 1.41 at the close.

Declining stocks outnumbered rising ones by 16 to 11 and 6 ended unchanged; on the Abu Dhabi, 0 fell and 0 advanced on the Dubai Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.30% or 0.83 to $62.86 a barrel. Meanwhile, Brent oil for delivery in January fell 0.44% or 0.32 to hit $72.57 a barrel, while the December Gold Futures contract fell 0.11% or 1.40 to trade at $1234.60 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.18% to 4.1830.

The US Dollar Index Futures was up 0.22% at 96.29.

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