United Arab Emirates shares higher at close of trade; DFM General up 0.28%

  • Investing.com
  • Stock Market News
United Arab Emirates shares higher at close of trade; DFM General up 0.28%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Banking , Telecoms and Real Estate & Construction sectors propelled shares higher.

At the close in Dubai, the DFM General gained 0.28%, while the ADX General index climbed 0.32%.

The biggest gainers of the session on the DFM General were Dubai Islamic Bank (DU: DISB ), which rose 2.85% or 0.150 points to trade at 5.420 at the close. Commercial Bank of Dubai P.S.C. (DU: CBD ) added 2.27% or 0.130 points to end at 5.850 and Dubai Islamic Insurance Co. (DU: AMAN ) was up 1.97% or 0.011 points to 0.569 in late trade.

Biggest losers included Marka Pjse (DU: MARKA ), which lost 3.25% or 0.04 points to trade at 1.19 in late trade. Takaful House (DU: DTKF ) declined 1.92% or 0.010 points to end at 0.510 and Gulf Navigation Holding PJSC (DU: GNAV ) shed 1.87% or 0.020 points to 1.050.

The top performers on the ADX General were Green Crs Ins (AD: GCIC ) which rose 4.94% to 0.850, Natl Bk Of Ad (AD: NBAD ) which was up 2.37% to settle at 8.20 and Rak Ceramics (AD: RKCE ) which gained 1.49% to close at 3.40.

The worst performers were Methaq (AD: METH ) which was down 3.66% to 0.790 in late trade, Int Fish Farmi (AD: ASMK ) which lost 3.27% to settle at 1.48 and Finance House (AD: FH ) which was down 2.06% to 1.90 at the close.

Declining stocks outnumbered rising ones by 23 to 6 and 5 ended unchanged; on the Abu Dhabi, 14 fell and 7 advanced, while 9 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.22% or 0.11 to $49.59 a barrel. Meanwhile, Brent oil for delivery in August unchanged 0.00% or 0.00 to hit $49.95 a barrel, while the August Gold contract unchanged 0.00% or 0.00 to trade at $1216.70 a troy ounce.

USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.74% to 4.0816.

The US Dollar Index was up 0.62% at 95.73.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or