Investing.com – United Arab Emirates equities were lower at the close on Thursday, as losses in the Consumer Staples, Real Estate & Construction and Banking sectors propelled shares lower.
At the close in Dubai, the DFM General declined 0.19%, while the ADX General index declined 0.55%.
The biggest gainers of the session on the DFM General were Takaful House (DU:DTKF), which rose 14.84% or 0.190 points to trade at 1.470 at the close. Dubai Islamic Insurance Co. (DU:AMAN) added 9.64% or 0.080 points to end at 0.910 and Islamic Arab Insurance Company (DU:SALAMA) was up 3.21% or 0.015 points to 0.483 in late trade.
Biggest losers included Air Arabia PJSC (DU:AIRA), which lost 1.79% or 0.020 points to trade at 1.100 in late trade. Dubai Financial Market PJSC (DU:DFM) declined 1.55% or 0.020 points to end at 1.270 and Emaar Malls (DU:EMAA) shed 1.12% or 0.030 points to 2.650.
The top performers on the ADX General were Foodco Holding PJSC (AD:FOOD) which rose 8.33% to 6.50, Ad Natl Energy (AD:TAQA) which was up 7.55% to settle at 0.570 and Finance House (AD:FH) which gained 4.43% to close at 1.650.
The worst performers were Em Driving Co (AD:DRIV) which was down 10.00% to 8.64 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 8.18% to settle at 2.920 and Ad Aviation (AD:ADAV) which was down 6.21% to 2.720 at the close.
Declining stocks outnumbered rising ones by 17 to 14 and 6 ended unchanged; on the Abu Dhabi, 14 fell and 12 advanced, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was up 0.66% or 0.34 to $51.49 a barrel. Meanwhile, Brent oil for delivery in June rose 0.81% or 0.44 to hit $54.80 a barrel, while the June Gold Futures contract rose 0.42% or 5.25 to trade at $1253.75 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.03% to 3.9175.
The US Dollar Index Futures was up 0.04% at 100.50.