United Arab Emirates shares mixed at close of trade; DFM General down 0.26%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.26%
Credit: © Reuters.

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

At the close in Dubai, the DFM General fell 0.26%, while the ADX General index gained 0.41%.

The biggest gainers of the session on the DFM General were SHUAA Capital PSC (DU: SHUA ), which rose 9.26% or 0.100 points to trade at 1.180 at the close. ARAMEX PJSC (DU: ARMX ) added 1.93% or 0.100 points to end at 5.280 and Takaful House (DU: DTKF ) was up 1.92% or 0.020 points to 1.060 in late trade.

Biggest losers included Emaar Malls (DU: EMAA ), which lost 1.98% or 0.050 points to trade at 2.470 in late trade. Emirates NBD PJSC (DU: ENBD ) declined 1.60% or 0.130 points to end at 8.010 and DXB Entertainments (P.J.S.C.) (DU: DXBE ) shed 1.59% or 0.012 points to 0.744.

The top performers on the ADX General were Eshraq Properties Co PJSC (AD: ESHR ) which rose 10.47% to 0.9500, Fujairah Cement Industries Co PSC (AD: FCI ) which was up 4.59% to settle at 1.140 and Invest Bank AD (AD: INVB ) which gained 4.17% to close at 2.500.

The worst performers were Union Cement (AD: UCC ) which was down 7.69% to 1.200 in late trade, Commercial Bank International (AD: CBI ) which lost 5.17% to settle at 1.100 and Natl Bk Of Rak (AD: RAKB ) which was down 4.80% to 4.36 at the close.

Advancing stocks outnumbered falling ones by 16 to 13 and 5 ended unchanged; on the Abu Dhabi, 13 rose and 9 declined, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for August delivery was up 3.12% or 1.40 to $46.33 a barrel. Meanwhile, Brent oil for delivery in September rose 2.83% or 1.35 to hit $48.98 a barrel, while the August Gold Futures contract fell 0.27% or 3.32 to trade at $1242.48 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.17% to 4.1944.

The US Dollar Index Futures was up 0.07% at 95.39.

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