United Arab Emirates shares higher at close of trade; DFM General up 0.82%

  • Investing.com
  • Stock Market News
United Arab Emirates shares higher at close of trade; DFM General up 0.82%
Credit: © Reuters.

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 added 0.82% to hit a new 3-month high, while the ADX General index added 1.14%.

The biggest gainers of the session on the DFM General were Damac Properties Dubai Co PSC (DU: DAMAC ), which rose 3.75% or 0.160 points to trade at 4.430 at the close. Islamic Arab Insurance Company (DU: SALAMA ) added 3.36% or 0.015 points to end at 0.462 and Marka Pjse (DU: MARKA ) was up 1.96% or 0.01 points to 0.73 in late trade.

Biggest losers included National General Insurance Co PSC (DU: NGIN ), which lost 9.57% or 0.22 points to trade at 2.08 in late trade. SHUAA Capital PSC (DU: SHUA ) declined 3.17% or 0.040 points to end at 1.220 and AJMAN BANK PJSC (DU: AJBNK ) shed 1.71% or 0.020 points to 1.150.

The top performers on the ADX General were Sharjah Islami (AD: SIB ) which rose 2.94% to 1.400, First Abu Dhabi Bank PJSC (AD: FAB ) which was up 2.84% to settle at 10.85 and Ad Natl Ins Co (AD: ADNI ) which gained 1.67% to close at 3.050.

The worst performers were Nat Bk Qaiwain (AD: NBQ ) which was down 6.45% to 2.90 in late trade, Gulf Pharm Ind (AD: GPHI ) which lost 3.77% to settle at 2.300 and Finance House (AD: FH ) which was down 3.61% to 1.600 at the close.

Advancing stocks outnumbered falling ones by 25 to 10 and 1 ended unchanged; on the Abu Dhabi, 14 fell and 8 advanced, while 8 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.17% or 0.08 to $46.46 a barrel. Meanwhile, Brent oil for delivery in September fell 0.04% or 0.02 to hit $48.89 a barrel, while the August Gold Futures contract rose 0.30% or 3.67 to trade at $1231.17 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.03% to 4.2118.

The US Dollar Index Futures was up 0.05% at 94.95.

Add Chart to Comment

Comment Guidelines

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

Error: File type not supported

Drop an image here or

100
Please try another search