United Arab Emirates shares mixed at close of trade; DFM General up 0.06%

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United Arab Emirates shares mixed at close of trade; DFM General up 0.06%
Credit: © Reuters.

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

At the close in Dubai, the DFM General rose 0.06%, while the ADX General index lost 0.94%.

The biggest gainers of the session on the DFM General were Takaful House (DU: DTKF ), which rose 9.69% or 0.062 points to trade at 0.702 at the close. Islamic Arab Insurance Company (DU: SALAMA ) added 6.60% or 0.028 points to end at 0.452 and Dubai Islamic Insurance Co. (DU: AMAN ) was up 2.99% or 0.020 points to 0.689 in late trade.

Biggest losers included National Central Cooling Co. (DU: TABR ), which lost 2.42% or 0.040 points to trade at 1.610 in late trade. SHUAA Capital PSC (DU: SHUA ) declined 1.96% or 0.020 points to end at 1.000 and ARAMEX PJSC (DU: ARMX ) shed 1.82% or 0.080 points to 4.320.

The top performers on the ADX General were Ad Natl Energy (AD: TAQA ) which rose 4.42% to 1.180, Methaq (AD: METH ) which was up 3.07% to settle at 0.773 and Union Natl Bk (AD: UNB ) which gained 1.09% to close at 3.700.

The worst performers were National Takaful Co PJSC (AD: WATA ) which was down 10.00% to 0.45 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD: BILD ) which lost 7.80% to settle at 0.461 and Rak Cement Co (AD: RKCC ) which was down 5.33% to 0.710 at the close.

Declining stocks outnumbered rising ones by 17 to 16 and 4 ended unchanged; on the Abu Dhabi, 16 fell and 4 advanced, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.48% or 0.34 to $69.91 a barrel. Meanwhile, Brent oil for delivery in November fell 0.42% or 0.33 to hit $77.69 a barrel, while the December Gold Futures contract rose 0.16% or 1.90 to trade at $1206.90 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED fell 0.52% to 4.2631.

The US Dollar Index Futures was up 0.43% at 95.05.

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