United Arab Emirates shares mixed at close of trade; DFM General down 0.53%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.53%
Credit: © Reuters.

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

At the close in Dubai, the DFM General fell 0.53%, while the ADX General index added 0.23%.

The biggest gainers of the session on the DFM General were Emirates NBD PJSC (DU: ENBD ), which rose 1.06% or 0.090 points to trade at 8.550 at the close. Drake & Scull International PJSC (DU: DSI ) added 0.92% or 0.020 points to end at 2.190 and Takaful House (DU: DTKF ) was up 0.75% or 0.007 points to 0.939 in late trade.

Biggest losers included Emaar Malls (DU: EMAA ), which lost 2.52% or 0.060 points to trade at 2.320 in late trade. Gulf General Investments Company (DU: GGIC ) declined 2.00% or 0.008 points to end at 0.392 and Arabtec Holding PJSC (DU: ARTC ) shed 1.89% or 0.050 points to 2.600.

The top performers on the ADX General were Commercial Bank International (AD: CBI ) which rose 14.94% to 1.000, Nat Bk Qaiwain (AD: NBQ ) which was up 11.11% to settle at 3.00 and Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which gained 1.72% to close at 0.590.

The worst performers were Rak Cmt & Cons (AD: RAKC ) which was down 8.16% to 0.900 in late trade, Arkan Building Materials Co PJSC (AD: ARKN ) which lost 5.13% to settle at 0.7400 and Rak Ceramics (AD: RKCE ) which was down 3.33% to 2.610 at the close.

Declining stocks outnumbered rising ones by 21 to 10 and 9 ended unchanged; on the Abu Dhabi, 12 rose and 10 declined, while 11 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for March delivery was unchanged 0.00% or 0.00 to $63.31 a barrel. Meanwhile, Brent oil for delivery in March fell 0.81% or 0.56 to hit $68.75 a barrel, while the February Gold Futures contract rose 0.29% or 3.90 to trade at $1331.10 a troy ounce.

USD/AED was up 0.00% to 3.6730, while EUR/AED fell 0.13% to 4.4890.

The US Dollar Index Futures was up 0.20% at 90.49.

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