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United Arab Emirates shares lower at close of trade; DFM General down 0.82%

Published 2018/09/13, 13:15
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 0.82%
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Investing.com – United Arab Emirates equities were lower at the close on Thursday, as losses in the Telecoms, Insurance and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General declined 0.82%, while the ADX General index unchanged 0.00%.

The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 4.00% or 0.070 points to trade at 1.820 at the close. ARAMEX PJSC (DU:ARMX) added 2.16% or 0.090 points to end at 4.250 and Gulf Navigation Holding PJSC (DU:GNAV) was up 1.10% or 0.010 points to 0.920 in late trade.

Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 10.00% or 0.045 points to trade at 0.405 in late trade. Deyaar Development PJSC (DU:DEYR) declined 6.22% or 0.028 points to end at 0.422 and Emaar Development PJSC (DU:EMAARDEV) shed 4.57% or 0.250 points to 5.220.

The top performers on the ADX General were Sharjah Group Co (AD:SG) which unchanged 0.00% to 1.30, Finance House (AD:FH) which was unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD:EIC) which unchanged 0.00% to close at 6.50.

The worst performers were Sharjah Group Co (AD:SG) which was unchanged 0.00% to 1.30 in late trade, Finance House (AD:FH) which unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD:EIC) which was unchanged 0.00% to 6.50 at the close.

Declining stocks outnumbered rising ones by 0 to 0; on the Abu Dhabi, 0 fell and 0 advanced on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.39% or 0.98 to $69.39 a barrel. Meanwhile, Brent oil for delivery in November fell 0.85% or 0.68 to hit $79.06 a barrel, while the December Gold Futures contract fell 0.01% or 0.10 to trade at $1210.80 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.02% to 4.2699.

The US Dollar Index Futures was up 0.06% at 94.88.

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