United Arab Emirates shares mixed at close of trade; DFM General down 0.15%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.15%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Transport , Services and Telecoms sectors propelled shares higher while losses in the Consumer Staples , Real Estate & Construction and Banking sectors led shares lower.

At the close in Dubai, the DFM General fell 0.15% to hit a new 1-month high, while the ADX General index gained 0.25%.

The biggest gainers of the session on the DFM General were SHUAA Capital PSC (DU: SHUA ), which rose 2.56% or 0.030 points to trade at 1.200 at the close. ARAMEX PJSC (DU: ARMX ) added 2.04% or 0.100 points to end at 5.000 and Amanat Holdings PJSC (DU: AMANT ) was up 1.77% or 0.020 points to 1.150 in late trade.

Biggest losers included DXB Entertainments (P.J.S.C.) (DU: DXBE ), which lost 4.07% or 0.034 points to trade at 0.801 in late trade. Marka Pjse (DU: MARKA ) declined 1.67% or 0.01 points to end at 0.71 and Arabtec Holding PJSC (DU: ARTC ) shed 1.34% or 0.040 points to 2.940.

The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD: KICO ) which rose 13.98% to 3.18, Abu Dhabi National Hotels Co (AD: ADNH ) which was up 2.81% to settle at 2.93 and Bank Of Sharja (AD: BOS ) which gained 1.67% to close at 1.220.

The worst performers were International Holding Company PJSC (AD: IHC ) which was down 2.00% to 1.47 in late trade, Arkan Building Materials Co PJSC (AD: ARKN ) which lost 1.49% to settle at 0.6600 and Ad Natl Energy (AD: TAQA ) which was down 1.41% to 0.700 at the close.

Advancing stocks outnumbered falling ones by 15 to 13 and 5 ended unchanged; on the Abu Dhabi, 10 fell and 9 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.75% or 0.38 to $50.73 a barrel. Meanwhile, Brent oil for delivery in November rose 0.52% or 0.29 to hit $55.77 a barrel, while the December Gold Futures contract rose 0.08% or 1.02 to trade at $1311.82 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.29% to 4.4037.

The US Dollar Index Futures was down 0.15% at 91.67.

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