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

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United Arab Emirates shares higher at close of trade; DFM General up 0.44%
Credit: © Reuters.

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

At the close in Dubai, the DFM General rose 0.44%, while the ADX General index unchanged 0.00%.

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 Sharjah Group Co (AD: SG ) which unchanged 0.00% to 1.30, Finance House (AD: FH ) which was unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD: EIC ) which unchanged 0.00% to close at 7.20.

The worst performers were Sharjah Group Co (AD: SG ) which was unchanged 0.00% to 1.30 in late trade, Finance House (AD: FH ) which unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD: EIC ) which was unchanged 0.00% to 7.20 at the close.

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

In commodities trading, Crude oil for October delivery was up 0.03% or 0.02 to $65.23 a barrel. Meanwhile, Brent oil for delivery in October rose 0.47% or 0.34 to hit $72.17 a barrel, while the December Gold Futures contract rose 0.89% or 10.50 to trade at $1194.70 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED fell 0.22% to 4.1935.

The US Dollar Index Futures was up 0.14% at 96.13.

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