United Arab Emirates shares mixed at close of trade; DFM General up 0.57%

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  • Stock Market News
United Arab Emirates shares mixed at close of trade; DFM General up 0.57%
Credit: © Reuters.

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

At the close in Dubai, the DFM General added 0.57%, while the ADX General index declined 0.02%.

The biggest gainers of the session on the DFM General were Drake & Scull International PJSC (DU: DSI ), which rose 6.07% or 0.027 points to trade at 0.472 at the close. Takaful Emarat PSC (DU: TKFE ) added 5.71% or 0.100 points to end at 1.850 and DXB Entertainments (P.J.S.C.) (DU: DXBE ) was up 5.10% or 0.018 points to 0.371 in late trade.

Biggest losers included AJMAN BANK PJSC (DU: AJBNK ), which lost 2.65% or 0.025 points to trade at 0.920 in late trade. Takaful House (DU: DTKF ) declined 1.76% or 0.012 points to end at 0.670 and Dubai Islamic Insurance Co. (DU: AMAN ) shed 1.62% or 0.011 points to 0.669.

The top performers on the ADX General were National Takaful Co PJSC (AD: WATA ) which rose 13.33% to 0.51, Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which was up 8.89% to settle at 0.490 and Ad Natl Energy (AD: TAQA ) which gained 6.19% to close at 1.200.

The worst performers were Ras Al Khaimah National Insurance Co PSC (AD: RAKN ) which was down 8.57% to 3.200 in late trade, International Holding Company PJSC (AD: IHC ) which lost 5.65% to settle at 1.17 and Ad Islamic Bk (AD: ADIB ) which was down 2.62% to 4.090 at the close.

Advancing stocks outnumbered falling ones by 29 to 9 and 2 ended unchanged; on the Abu Dhabi, 11 fell and 9 advanced, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.10% or 0.07 to $67.84 a barrel. Meanwhile, Brent oil for delivery in November rose 0.69% or 0.53 to hit $77.03 a barrel, while the December Gold Futures contract fell 0.21% or 2.50 to trade at $1201.80 a troy ounce.

USD/AED was up 0.01% to 3.6733, while EUR/AED fell 0.60% to 4.2441.

The US Dollar Index Futures was up 0.41% at 95.38.

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