United Arab Emirates shares lower at close of trade; DFM General down 0.61%

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United Arab Emirates shares lower at close of trade; DFM General down 0.61%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Transport , Real Estate & Construction and Consumer Staples sectors propelled shares lower.

At the close in Dubai, the DFM General declined 0.61%, while the ADX General index declined 0.31%.

The biggest gainers of the session on the DFM General were Amlak Finance PJSC (DU: AMLK ), which rose 0.89% or 0.010 points to trade at 1.130 at the close. Dubai Investments PJSC (DU: DINV ) added 0.85% or 0.020 points to end at 2.370 and Islamic Arab Insurance Company (DU: SALAMA ) was up 0.21% or 0.001 points to 0.477 in late trade.

Biggest losers included National Cement Company P.S.C. (DU: NCC ), which lost 9.52% or 0.300 points to trade at 2.850 in late trade. Gulf Navigation Holding PJSC (DU: GNAV ) declined 4.41% or 0.060 points to end at 1.300 and SHUAA Capital PSC (DU: SHUA ) shed 3.23% or 0.040 points to 1.200.

The top performers on the ADX General were Ad Shipbldg Co (AD: ADSB ) which rose 13.53% to 2.350, Ad Natl Energy (AD: TAQA ) which was up 3.33% to settle at 0.620 and Rak Ceramics (AD: RKCE ) which gained 1.59% to close at 2.550.

The worst performers were Rak Cement Co (AD: RKCC ) which was down 3.95% to 0.730 in late trade, Union Cement (AD: UCC ) which lost 3.85% to settle at 1.250 and Agthia Group (AD: AGTH ) which was down 3.33% to 5.22 at the close.

Declining stocks outnumbered rising ones by 24 to 7 and 6 ended unchanged; on the Abu Dhabi, 12 fell and 7 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.93% or 0.44 to $47.87 a barrel. Meanwhile, Brent oil for delivery in November unchanged 0.00% or 0.00 to hit $51.98 a barrel, while the December Gold Futures contract rose 0.30% or 3.92 to trade at $1295.92 a troy ounce.

USD/AED was up 0.00% to 3.6731, while EUR/AED rose 1.04% to 4.3791.

The US Dollar Index Futures was down 0.82% at 92.47.

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