United Arab Emirates shares mixed at close of trade; DFM General down 0.17%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.17%
Credit: © Reuters.

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

At the close in Dubai, the DFM General declined 0.17% to hit a new 3-month low, while the ADX General index gained 0.50%.

The biggest gainers of the session on the DFM General were Dubai Financial Market PJSC (DU: DFM ), which rose 0.88% or 0.010 points to trade at 1.150 at the close. Emirates NBD PJSC (DU: ENBD ) added 0.62% or 0.050 points to end at 8.150 and Damac Properties Dubai Co PSC (DU: DAMAC ) was up 0.59% or 0.020 points to 3.400 in late trade.

Biggest losers included Gulf Navigation Holding PJSC (DU: GNAV ), which lost 3.50% or 0.050 points to trade at 1.380 in late trade. DXB Entertainments (P.J.S.C.) (DU: DXBE ) declined 2.67% or 0.017 points to end at 0.620 and Drake & Scull International PJSC (DU: DSI ) shed 1.69% or 0.030 points to 1.750.

The top performers on the ADX General were Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which rose 2.38% to 0.430, Ad Commercial (AD: ADCB ) which was up 2.12% to settle at 7.23 and Rak Properties (AD: RPRO ) which gained 1.45% to close at 0.700.

The worst performers were Finance House (AD: FH ) which was down 5.46% to 1.730 in late trade, Ad Natl Energy (AD: TAQA ) which lost 3.12% to settle at 0.620 and Arkan Building Materials Co PJSC (AD: ARKN ) which was down 1.52% to 0.6500 at the close.

Declining stocks outnumbered rising ones by 17 to 9 and 13 ended unchanged; on the Abu Dhabi, 7 fell and 6 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.28% or 0.16 to $56.58 a barrel. Meanwhile, Brent oil for delivery in January rose 0.29% or 0.18 to hit $62.40 a barrel, while the December Gold Futures contract rose 0.38% or 4.87 to trade at $1280.17 a troy ounce.

USD/AED was down 0.00% to 3.6729, while EUR/AED fell 0.04% to 4.3074.

The US Dollar Index Futures was up 0.02% at 94.02.

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