United Arab Emirates shares higher at close of trade; DFM General unchanged

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United Arab Emirates shares higher at close of trade; DFM General unchanged
Credit: © Reuters.

Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Transport , Consumer Staples and Services sectors propelled shares higher.

At the close in Dubai, the DFM General unchanged 0.00%, while the ADX General index added 0.73%.

The biggest gainers of the session on the DFM General were Emaar Development PJSC (DU: EMAARDEV ), which unchanged 0.00% or 0.000 points to trade at 5.570 at the close. AJMAN BANK PJSC (DU: AJBNK ) unchanged 0.00% or 0.000 points to end at 0.989 and Dubai Islamic Insurance Co. (DU: AMAN ) was unchanged 0.00% or 0.000 points to 0.684 in late trade.

Biggest losers included Emaar Development PJSC (DU: EMAARDEV ), which unchanged 0.00% or 0.000 points to trade at 5.570 in late trade. AJMAN BANK PJSC (DU: AJBNK ) unchanged 0.00% or 0.000 points to end at 0.989 and Dubai Islamic Insurance Co. (DU: AMAN ) 0.00% or 0.000 points to 0.684.

The top performers on the ADX General were Invest Bank AD (AD: INVB ) which rose 15.00% to 2.530, National Marine Dredging PSC (AD: NMDC ) which was up 14.68% to settle at 2.890 and Rak Cement Co (AD: RKCC ) which gained 6.94% to close at 0.770.

The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD: RAKP ) which was down 9.60% to 1.79 in late trade, National Takaful Co PJSC (AD: WATA ) which lost 8.93% to settle at 0.51 and Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which was down 8.06% to 0.570 at the close.

Declining stocks outnumbered rising ones by 3 to 1; on the Abu Dhabi, 15 rose and 11 declined, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.18% or 0.13 to $71.50 a barrel. Meanwhile, Brent oil for delivery in July fell 0.05% or 0.04 to hit $78.47 a barrel, while the June Gold Futures contract fell 0.61% or 7.90 to trade at $1283.40 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED fell 0.17% to 4.3154.

The US Dollar Index Futures was up 0.24% at 93.80.

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