United Arab Emirates shares mixed at close of trade; DFM General down 0.38%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.38%
Credit: © Reuters.

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

At the close in Dubai, the DFM General lost 0.38%, while the ADX General index added 0.29%.

The biggest gainers of the session on the DFM General were Drake & Scull International PJSC (DU: DSI ), which rose 14.76% or 0.053 points to trade at 0.412 at the close. DXB Entertainments (P.J.S.C.) (DU: DXBE ) added 6.94% or 0.025 points to end at 0.385 and Takaful Emarat PSC (DU: TKFE ) was up 3.43% or 0.060 points to 1.810 in late trade.

Biggest losers included Takaful House (DU: DTKF ), which lost 2.79% or 0.018 points to trade at 0.628 in late trade. Dubai Investments PJSC (DU: DINV ) declined 2.63% or 0.050 points to end at 1.850 and Gulf General Investments Company (DU: GGIC ) shed 1.87% or 0.005 points to 0.263.

The top performers on the ADX General were Dana Gas (AD: DANA ) which rose 2.56% to 1.200, Ad Commercial (AD: ADCB ) which was up 1.00% to settle at 8.08 and Union Natl Bk (AD: UNB ) which gained 0.81% to close at 4.950.

The worst performers were Union Insurance Co PSC (AD: UNIN ) which was down 9.40% to 1.35 in late trade, Arkan Building Materials Co PJSC (AD: ARKN ) which lost 3.56% to settle at 0.5150 and Aldar Properti (AD: ALDR ) which was down 2.78% to 1.750 at the close.

Declining stocks outnumbered rising ones by 16 to 14 and 7 ended unchanged; on the Abu Dhabi, 8 fell and 8 advanced, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.08% or 0.06 to $75.36 a barrel. Meanwhile, Brent oil for delivery in December fell 0.44% or 0.37 to hit $84.61 a barrel, while the December Gold Futures contract rose 0.23% or 2.80 to trade at $1194.50 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.44% to 4.2344.

The US Dollar Index Futures was up 0.36% at 95.26.

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