United Arab Emirates shares higher at close of trade; DFM General up 0.75%

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United Arab Emirates shares higher at close of trade; DFM General up 0.75%

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

At the close in Dubai, the DFM General gained 0.75%, while the ADX General index gained 0.37%.

The biggest gainers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU: DXBE ), which rose 3.88% or 0.050 points to trade at 1.340 at the close. Deyaar Development PJSC (DU: DEYR ) added 1.95% or 0.012 points to end at 0.628 and Takaful Emarat PSC (DU: TKFE ) was up 1.93% or 0.050 points to 2.640 in late trade.

Biggest losers included Marka Pjse (DU: MARKA ), which lost 2.60% or 0.04 points to trade at 1.50 in late trade. SHUAA Capital PSC (DU: SHUA ) declined 1.32% or 0.020 points to end at 1.490 and Gulf Navigation Holding PJSC (DU: GNAV ) shed 1.25% or 0.020 points to 1.580.

The top performers on the ADX General were Rak Ceramics (AD: RKCE ) which rose 3.48% to 2.380, Al Khazna Ins (AD: AKIC ) which was up 2.86% to settle at 0.360 and Agthia Group (AD: AGTH ) which gained 1.91% to close at 6.95.

The worst performers were Methaq (AD: METH ) which was down 4.21% to 0.910 in late trade, Int Fish Farmi (AD: ASMK ) which lost 1.58% to settle at 1.87 and Aldar Properti (AD: ALDR ) which was down 0.38% to 2.640 at the close.

Advancing stocks outnumbered falling ones by 25 to 9 and 4 ended unchanged; on the Abu Dhabi, 11 rose and 6 declined, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.53% or 0.28 to $53.23 a barrel. Meanwhile, Brent oil for delivery in March unchanged 0.00% or 0.00 to hit $55.90 a barrel, while the February Gold contract unchanged 0.00% or 0.00 to trade at $1135.00 a troy ounce.

USD/AED was unchanged 0.00% to 3.6726, while EUR/AED unchanged 0.00% to 3.8399.

The US Dollar Index was down 0.12% at 102.95.

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