United Arab Emirates shares mixed at close of trade; DFM General up 0.19%

  • Investing.com
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United Arab Emirates shares mixed at close of trade; DFM General up 0.19%
Credit: © Reuters.

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

At the close in Dubai, the DFM General rose 0.19%, while the ADX General index fell 0.25%.

The biggest gainers of the session on the DFM General were Islamic Arab Insurance Company (DU: SALAMA ), which rose 7.04% or 0.028 points to trade at 0.426 at the close. SHUAA Capital PSC (DU: SHUA ) added 5.71% or 0.060 points to end at 1.110 and Takaful House (DU: DTKF ) was up 5.51% or 0.035 points to 0.670 in late trade.

Biggest losers included National Cement Company P.S.C. (DU: NCC ), which lost 7.84% or 0.240 points to trade at 2.820 in late trade. Arabtec Holding PJSC (DU: ARTC ) declined 1.90% or 0.040 points to end at 2.060 and Amanat Holdings PJSC (DU: AMANT ) shed 1.47% or 0.020 points to 1.340.

The top performers on the ADX General were Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which rose 14.81% to 0.620, Arkan Building Materials Co PJSC (AD: ARKN ) which was up 11.86% to settle at 0.6600 and Gulf Cement Co (AD: GCEM ) which gained 2.91% to close at 1.0600.

The worst performers were Em Driving Co (AD: DRIV ) which was down 10.00% to 7.20 in late trade, Abd Nat Takafu (AD: TKFL ) which lost 10.00% to settle at 4.50 and Green Crs Ins (AD: GCIC ) which was down 9.72% to 0.650 at the close.

Advancing stocks outnumbered falling ones by 19 to 12 and 7 ended unchanged; on the Abu Dhabi, 12 fell and 12 advanced, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.25% or 0.17 to $68.02 a barrel. Meanwhile, Brent oil for delivery in July unchanged 0.00% or 0.00 to hit $73.79 a barrel, while the June Gold Futures contract rose 0.49% or 6.50 to trade at $1324.40 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.23% to 4.4561.

The US Dollar Index Futures was down 0.09% at 91.31.

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