United Arab Emirates shares lower at close of trade; DFM General down 1.07%

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United Arab Emirates shares lower at close of trade; DFM General down 1.07%
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 lost 1.07%, while the ADX General index fell 1.12%.

The biggest gainers of the session on the DFM General were Oman Insurance Company P.S.C. (DU: OIC ), which rose 5.88% or 0.100 points to trade at 1.800 at the close. National Central Cooling Co. (DU: TABR ) added 2.70% or 0.050 points to end at 1.900 and Deyaar Development PJSC (DU: DEYR ) was up 1.43% or 0.007 points to 0.496 in late trade.

Biggest losers included Damac Properties Dubai Co PSC (DU: DAMAC ), which lost 5.28% or 0.190 points to trade at 3.410 in late trade. ARAMEX PJSC (DU: ARMX ) declined 3.60% or 0.170 points to end at 4.550 and Air Arabia PJSC (DU: AIRA ) shed 1.61% or 0.020 points to 1.220.

The top performers on the ADX General were Ad Natl Ins Co (AD: ADNI ) which rose 11.11% to 4.000, Sharjah Cement AD (AD: SCID ) which was up 2.86% to settle at 1.080 and Rak Ceramics (AD: RKCE ) which gained 2.39% to close at 2.570.

The worst performers were Gulf Pharm Ind (AD: GPHI ) which was down 4.89% to 2.140 in late trade, Ad Natl Energy (AD: TAQA ) which lost 4.62% to settle at 0.620 and Gulf Medical Projects Co PSC (AD: GMPC ) which was down 4.55% to 2.10 at the close.

Declining stocks outnumbered rising ones by 21 to 9 and 8 ended unchanged; on the Abu Dhabi, 15 fell and 4 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for January delivery was unchanged 0.00% or 0.00 to $56.71 a barrel. Meanwhile, Brent oil for delivery in January rose 2.23% or 1.37 to hit $62.73 a barrel, while the December Gold Futures contract rose 1.27% or 16.21 to trade at $1294.41 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.22% to 4.3323.

The US Dollar Index Futures was down 0.25% at 93.61.

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