United Arab Emirates shares lower at close of trade; DFM General unchanged

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

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

At the close in Dubai, the DFM General unchanged 0.00%, while the ADX General index declined 0.13%.

The biggest gainers of the session on the DFM General were Emaar Development PJSC (DU: EMAARDEV ), which unchanged 0.00% or 0.000 points to trade at 5.570 at the close. AJMAN BANK PJSC (DU: AJBNK ) unchanged 0.00% or 0.000 points to end at 0.989 and Dubai Islamic Insurance Co. (DU: AMAN ) was unchanged 0.00% or 0.000 points to 0.684 in late trade.

Biggest losers included Emaar Development PJSC (DU: EMAARDEV ), which unchanged 0.00% or 0.000 points to trade at 5.570 in late trade. AJMAN BANK PJSC (DU: AJBNK ) unchanged 0.00% or 0.000 points to end at 0.989 and Dubai Islamic Insurance Co. (DU: AMAN ) 0.00% or 0.000 points to 0.684.

The top performers on the ADX General were United Arab Bk (AD: UAB ) which rose 13.85% to 1.480, Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which was up 10.71% to settle at 0.620 and Invest Bank AD (AD: INVB ) which gained 5.26% to close at 2.200.

The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD: RAKP ) which was down 9.59% to 1.98 in late trade, Sharjah Cement AD (AD: SCID ) which lost 4.76% to settle at 1.000 and Sharjah Islami (AD: SIB ) which was down 2.40% to 1.220 at the close.

Advancing stocks outnumbered falling ones by 1 to 0; on the Abu Dhabi, 14 rose and 7 declined, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.28% or 0.20 to $71.37 a barrel. Meanwhile, Brent oil for delivery in July fell 0.79% or 0.63 to hit $78.67 a barrel, while the June Gold Futures contract rose 0.18% or 2.30 to trade at $1291.70 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED fell 0.22% to 4.3227.

The US Dollar Index Futures was up 0.20% at 93.58.

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