United Arab Emirates shares mixed at close of trade; DFM General down 0.29%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.29%
Credit: © Reuters.

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

At the close in Dubai, the DFM General lost 0.29%, while the ADX General index gained 0.52%.

The biggest gainers of the session on the DFM General were Dubai Islamic Insurance Co. (DU: AMAN ), which rose 2.94% or 0.020 points to trade at 0.700 at the close. DXB Entertainments (P.J.S.C.) (DU: DXBE ) added 1.58% or 0.007 points to end at 0.451 and Air Arabia PJSC (DU: AIRA ) was up 0.83% or 0.010 points to 1.210 in late trade.

Biggest losers included Marka Pjse (DU: MARKA ), which lost 8.85% or 0.03 points to trade at 0.34 in late trade. AJMAN BANK PJSC (DU: AJBNK ) declined 3.81% or 0.040 points to end at 1.010 and ARAMEX PJSC (DU: ARMX ) shed 3.33% or 0.140 points to 4.060.

The top performers on the ADX General were Fujairah Cement Industries Co PSC (AD: FCI ) which rose 10.09% to 1.200, Ad Natl Energy (AD: TAQA ) which was up 1.79% to settle at 1.140 and Arkan Building Materials Co PJSC (AD: ARKN ) which gained 1.64% to close at 0.6200.

The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD: RAKP ) which was down 10.00% to 2.70 in late trade, Ad Aviation (AD: ADAV ) which lost 5.72% to settle at 2.800 and Abd Nat Takafu (AD: TKFL ) which was down 4.58% to 5.00 at the close.

Declining stocks outnumbered rising ones by 24 to 10 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 8 advanced, while 10 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.05% or 0.03 to $66.25 a barrel. Meanwhile, Brent oil for delivery in June unchanged 0.00% or 0.00 to hit $71.42 a barrel, while the June Gold Futures contract fell 0.41% or 5.60 to trade at $1345.10 a troy ounce.

USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.07% to 4.5450.

The US Dollar Index Futures was up 0.03% at 89.17.

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