United Arab Emirates shares higher at close of trade; DFM General up 1.83%
Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Services , Finance & Investment and Banking sectors propelled shares higher.
At the close in Dubai, the DFM General gained 1.83%, while the ADX General index added 1.00%.
The biggest gainers of the session on the DFM General were National Central Cooling Co. (DU: TABR ), which rose 4.79% or 0.080 points to trade at 1.750 at the close. Dubai Islamic Bank (DU: DISB ) added 2.93% or 0.160 points to end at 5.620 and Emaar Properties PJSC (DU: EMAR ) was up 2.93% or 0.170 points to 5.980 in late trade.
Biggest losers included Marka Pjse (DU: MARKA ), which lost 9.78% or 0.04 points to trade at 0.41 in late trade. Drake & Scull International PJSC (DU: DSI ) declined 1.14% or 0.020 points to end at 1.730 and Dubai Islamic Insurance Co. (DU: AMAN ) 0.00% or 0.000 points to 0.684.
The top performers on the ADX General were Rak Properties (AD: RPRO ) which rose 3.08% to 0.670, Aldar Properti (AD: ALDR ) which was up 2.91% to settle at 2.120 and Ad Aviation (AD: ADAV ) which gained 2.77% to close at 2.970.
The worst performers were Sharjah Islami (AD: SIB ) which was down 9.60% to 1.130 in late trade, Rak Cement Co (AD: RKCC ) which lost 7.79% to settle at 0.710 and Gulf Cement Co (AD: GCEM ) which was down 7.41% to 1.0000 at the close.
Advancing stocks outnumbered falling ones by 27 to 6 and 5 ended unchanged; on the Abu Dhabi, 18 rose and 11 declined, while 3 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was up 0.39% or 0.26 to $67.33 a barrel. Meanwhile, Brent oil for delivery in June rose 0.76% or 0.55 to hit $72.57 a barrel, while the June Gold Futures contract rose 0.44% or 5.90 to trade at $1347.80 a troy ounce.
USD/AED was up 0.00% to 3.6730, while EUR/AED rose 0.06% to 4.5311.
The US Dollar Index Futures was up 0.02% at 89.51.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or