Q3 Earnings Alert! Plan early for this week’s stock reports with all key data in 1 placeSee list

United Arab Emirates shares lower at close of trade; DFM General down 1.83%

Published 2018/06/18, 13:15
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 1.83%
DFMGI
-
DFMRE
-
DFMTP
-
AIRA
-
AMAN
-
ARMX
-
DU
-
TABR
-
TKFE
-
DFMSV
-
METHAQ
-
RAKBANK
-
FTFADGI
-
GMPC
-
UNION
-
NBF
-
ARAM
-

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

At the close in Dubai, the DFM General fell 1.83%, while the ADX General index declined 2.68%.

The biggest gainers of the session on the DFM General were Emirate Integrated Telecom Co PJSC (DU:DU), which rose 0.41% or 0.020 points to trade at 4.930 at the close. Dubai Islamic Insurance Co. (DU:AMAN) added 0.14% or 0.001 points to end at 0.694 and ARAMEX PJSC (DU:ARMX) was unchanged 0.00% or 0.000 points to 3.900 in late trade.

Biggest losers included Air Arabia PJSC (DU:AIRA), which lost 7.08% or 0.080 points to trade at 1.050 in late trade. Takaful Emarat PSC (DU:TKFE) declined 6.47% or 0.130 points to end at 1.880 and National Central Cooling Co. (DU:TABR) shed 4.49% or 0.080 points to 1.700.

The top performers on the ADX General were National Bank of Fujairah PJSC (AD:NBF) which rose 13.38% to 3.39, Gulf Medical Projects Co PSC (AD:GMPC) which was up 9.88% to settle at 1.78 and Natl Bk Of Rak (AD:RAKB) which gained 0.69% to close at 4.38.

The worst performers were Sharjah Group Co (AD:SG) which was down 10.00% to 1.26 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.71% to settle at 1.58 and Methaq (AD:METH) which was down 7.14% to 0.780 at the close.

Declining stocks outnumbered rising ones by 27 to 4 and 4 ended unchanged; on the Abu Dhabi, 18 fell and 5 advanced, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.37% or 0.24 to $64.61 a barrel. Meanwhile, Brent oil for delivery in August rose 0.84% or 0.62 to hit $74.06 a barrel, while the August Gold Futures contract rose 0.40% or 5.10 to trade at $1283.60 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.10% to 4.2675.

The US Dollar Index Futures was down 0.07% at 94.38.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.