United Arab Emirates shares lower at close of trade; DFM General down 0.79%

  • Investing.com
  • Stock Market News
United Arab Emirates shares lower at close of trade; DFM General down 0.79%
Credit: © Reuters.

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

At the close in Dubai, the DFM General declined 0.79%, while the ADX General index declined 0.16%.

The biggest gainers of the session on the DFM General were Dubai National Insurance (DU: DNIN ), which rose 4.65% or 0.140 points to trade at 3.150 at the close. National Central Cooling Co. (DU: TABR ) added 1.43% or 0.030 points to end at 2.130 and Marka Pjse (DU: MARKA ) was up 1.19% or 0.01 points to 0.68 in late trade.

Biggest losers included Commercial Bank of Dubai P.S.C. (DU: CBD ), which lost 2.50% or 0.100 points to trade at 3.900 in late trade. Gulf Navigation Holding PJSC (DU: GNAV ) declined 2.10% or 0.030 points to end at 1.400 and Emaar Properties PJSC (DU: EMAR ) shed 2.06% or 0.180 points to 8.570.

The top performers on the ADX General were Union Cement (AD: UCC ) which rose 10.32% to 1.390, Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which was up 4.26% to settle at 0.490 and Methaq (AD: METH ) which gained 2.38% to close at 0.860.

The worst performers were Invest Bank AD (AD: INVB ) which was down 8.33% to 2.200 in late trade, Ad Shipbldg Co (AD: ADSB ) which lost 5.06% to settle at 2.250 and Rak Cement Co (AD: RKCC ) which was down 3.95% to 0.730 at the close.

Declining stocks outnumbered rising ones by 20 to 12 and 8 ended unchanged; on the Abu Dhabi, 9 fell and 8 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for December delivery was unchanged 0.00% or 0.00 to $51.84 a barrel. Meanwhile, Brent oil for delivery in December rose 1.17% or 0.67 to hit $57.90 a barrel, while the December Gold Futures contract fell 0.59% or 7.58 to trade at $1282.42 a troy ounce.

USD/AED was unchanged 0.00% to 3.6729, while EUR/AED fell 0.63% to 4.3267.

The US Dollar Index Futures was up 0.61% at 93.57.

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

Error: File type not supported

Drop an image here or