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

  • Investing.com
  • Stock Market News
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.

Add Chart to Comment

Comment Guidelines

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.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search