United Arab Emirates shares mixed at close of trade; DFM General up 0.44%

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United Arab Emirates shares mixed at close of trade; DFM General up 0.44%

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

At the close in Dubai, the DFM General added 0.44%, while the ADX General index lost 0.45%.

The biggest gainers of the session on the DFM General were AJMAN BANK PJSC (DU: AJBNK ), which rose 3.30% or 0.030 points to trade at 0.940 at the close. DXB Entertainments (P.J.S.C.) (DU: DXBE ) added 2.34% or 0.008 points to end at 0.350 and Emirates NBD PJSC (DU: ENBD ) was up 2.25% or 0.200 points to 9.100 in late trade.

Biggest losers included Amanat Holdings PJSC (DU: AMANT ), which lost 8.62% or 0.100 points to trade at 1.060 in late trade. Emirate Integrated Telecom Co PJSC (DU: DU ) declined 1.36% or 0.070 points to end at 5.060 and Amlak Finance PJSC (DU: AMLK ) shed 1.21% or 0.008 points to 0.654.

The top performers on the ADX General were Finance House (AD: FH ) which rose 9.80% to 1.680, Arkan Building Materials Co PJSC (AD: ARKN ) which was up 3.45% to settle at 0.6000 and Methaq (AD: METH ) which gained 2.74% to close at 0.750.

The worst performers were International Holding Company PJSC (AD: IHC ) which was down 6.40% to 1.17 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which lost 5.77% to settle at 0.490 and Agthia Group (AD: AGTH ) which was down 5.24% to 4.70 at the close.

Advancing stocks outnumbered falling ones by 17 to 11 and 5 ended unchanged; on the Abu Dhabi, 9 fell and 8 advanced, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was unchanged 0.00% or 0.00 to $65.21 a barrel. Meanwhile, Brent oil for delivery in October rose 0.52% or 0.37 to hit $71.80 a barrel, while the December Gold Futures contract rose 0.66% or 7.80 to trade at $1191.80 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.57% to 4.2026.

The US Dollar Index Futures was down 0.50% at 96.00.

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