Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Telecoms , Services and Insurance sectors propelled shares higher while losses in the Finance & Investment , Banking and Consumer Staples sectors led shares lower.
The biggest gainers of the session on the DFM General were National Central Cooling Co. (DU: TABR ), which rose 3.12% or 0.050 points to trade at 1.650 at the close. Air Arabia PJSC (DU: AIRA ) added 1.69% or 0.020 points to end at 1.200 and Marka Pjse (DU: MARKA ) was unchanged 0.86% or 0.00 points to 0.47 in late trade.
Biggest losers included Emirates NBD PJSC (DU: ENBD ), which lost 3.29% or 0.350 points to trade at 10.300 in late trade. Dubai Financial Market PJSC (DU: DFM ) declined 1.92% or 0.020 points to end at 1.020 and ARAMEX PJSC (DU: ARMX ) shed 1.19% or 0.050 points to 4.150.
The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD: KICO ) which rose 14.85% to 2.63, Ad Natl Energy (AD: TAQA ) which was up 5.88% to settle at 0.900 and Invest Bank AD (AD: INVB ) which gained 4.17% to close at 2.500.
The worst performers were National Corp Tourism Hotels (AD: NCTH ) which was down 4.65% to 2.05 in late trade, Bank Of Sharja (AD: BOS ) which lost 2.56% to settle at 1.140 and Union Natl Bk (AD: UNB ) which was down 2.16% to 3.620 at the close.
Advancing stocks outnumbered falling ones by 20 to 12 and 7 ended unchanged; on the Abu Dhabi, 14 rose and 10 declined, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.32% or 0.20 to $63.17 a barrel. Meanwhile, Brent oil for delivery in June fell 0.25% or 0.17 to hit $67.85 a barrel, while the June Gold Futures contract fell 0.53% or 7.10 to trade at $1333.10 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.04% to 4.5085.
The US Dollar Index Futures was up 0.10% at 89.87.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.