United Arab Emirates shares mixed at close of trade; DFM General down 1.15%

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United Arab Emirates shares mixed at close of trade; DFM General down 1.15%
Credit: © Reuters.

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

At the close in Dubai, the DFM General fell 1.15% to hit a new 52-week low, while the ADX General index added 0.11%.

The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU: ARMX ), which rose 2.15% or 0.100 points to trade at 4.750 at the close. Emirate Integrated Telecom Co PJSC (DU: DU ) added 1.18% or 0.060 points to end at 5.150 and Air Arabia PJSC (DU: AIRA ) was unchanged 0.00% or 0.000 points to 1.300 in late trade.

Biggest losers included Emirates Refreshments Company (DU: ERC ), which lost 9.88% or 0.400 points to trade at 3.650 in late trade. SHUAA Capital PSC (DU: SHUA ) declined 7.21% or 0.080 points to end at 1.030 and Takaful House (DU: DTKF ) shed 5.42% or 0.039 points to 0.680.

The top performers on the ADX General were Al Khazna Ins (AD: AKIC ) which rose 7.41% to 0.290, Ad Natl Energy (AD: TAQA ) which was up 4.69% to settle at 0.670 and International Holding Company PJSC (AD: IHC ) which gained 1.41% to close at 1.44.

The worst performers were Sharjah Cement AD (AD: SCID ) which was down 7.41% to 1.250 in late trade, Bank Of Sharja (AD: BOS ) which lost 5.04% to settle at 1.130 and Dana Gas (AD: DANA ) which was down 2.67% to 0.730 at the close.

Declining stocks outnumbered rising ones by 30 to 7 and 5 ended unchanged; on the Abu Dhabi, 11 rose and 9 declined, while 12 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for April delivery was unchanged 0.00% or 0.00 to $61.55 a barrel. Meanwhile, Brent oil for delivery in April rose 0.85% or 0.55 to hit $64.88 a barrel, while the April Gold Futures contract fell 0.41% or 5.60 to trade at $1349.70 a troy ounce.

USD/AED was down 0.00% to 3.6729, while EUR/AED fell 0.82% to 4.5566.

The US Dollar Index Futures was up 0.63% at 89.03.

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