United Arab Emirates shares mixed at close of trade; DFM General up 0.90%

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United Arab Emirates shares mixed at close of trade; DFM General up 0.90%
Credit: © Reuters.

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

At the close in Dubai, the DFM General rose 0.90%, while the ADX General index fell 0.04%.

The biggest gainers of the session on the DFM General were Marka Pjse (DU: MARKA ), which rose 8.15% or 0.04 points to trade at 0.50 at the close. Gulf General Investments Company (DU: GGIC ) added 3.65% or 0.012 points to end at 0.341 and Amanat Holdings PJSC (DU: AMANT ) was up 3.01% or 0.040 points to 1.370 in late trade.

Biggest losers included AJMAN BANK PJSC (DU: AJBNK ), which lost 1.90% or 0.020 points to trade at 1.030 in late trade. SHUAA Capital PSC (DU: SHUA ) declined 1.90% or 0.020 points to end at 1.030 and DXB Entertainments (P.J.S.C.) (DU: DXBE ) shed 0.82% or 0.004 points to 0.482.

The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD: KICO ) which rose 14.50% to 2.29, Eshraq Properties Co PJSC (AD: ESHR ) which was up 2.78% to settle at 0.7400 and Dana Gas (AD: DANA ) which gained 2.17% to close at 0.940.

The worst performers were Al Khazna Ins (AD: AKIC ) which was down 7.69% to 0.240 in late trade, Arkan Building Materials Co PJSC (AD: ARKN ) which lost 4.41% to settle at 0.6500 and Agthia Group (AD: AGTH ) which was down 4.32% to 4.21 at the close.

Advancing stocks outnumbered falling ones by 23 to 11 and 6 ended unchanged; on the Abu Dhabi, 14 rose and 11 declined, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.79% or 0.51 to $64.89 a barrel. Meanwhile, Brent oil for delivery in June rose 0.04% or 0.03 to hit $69.44 a barrel, while the April Gold Futures contract rose 0.06% or 0.80 to trade at $1325.00 a troy ounce.

USD/AED was down 0.00% to 3.6730, while EUR/AED rose 0.17% to 4.5260.

The US Dollar Index Futures was down 0.01% at 89.75.

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