United Arab Emirates shares mixed at close of trade; DFM General down 0.27%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.27%
Credit: © Reuters.

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

At the close in Dubai, the DFM General fell 0.27%, while the ADX General index climbed 0.92%.

The biggest gainers of the session on the DFM General were SHUAA Capital PSC (DU: SHUA ), which rose 9.29% or 0.130 points to trade at 1.530 at the close. Commercial Bank of Dubai P.S.C. (DU: CBD ) added 5.05% or 0.250 points to end at 5.200 and Takaful House (DU: DTKF ) was up 4.21% or 0.038 points to 0.941 in late trade.

Biggest losers included Takaful Emarat PSC (DU: TKFE ), which lost 2.82% or 0.070 points to trade at 2.410 in late trade. Amanat Holdings PJSC (DU: AMANT ) declined 2.00% or 0.018 points to end at 0.882 and Union Properties PJSC (DU: UPRO ) shed 1.98% or 0.020 points to 0.990.

The top performers on the ADX General were Eshraq Properties Co PJSC (AD: ESHR ) which rose 8.08% to 1.0700, Ad Commercial (AD: ADCB ) which was up 2.48% to settle at 6.20 and First Gulf Bk (AD: FGB ) which gained 2.16% to close at 11.80.

The worst performers were Ad Shipbldg Co (AD: ADSB ) which was down 1.38% to 2.850 in late trade, Emirates Ins C (AD: EIC ) which unchanged 0.00% to settle at 5.80 and Int Fish Farmi (AD: ASMK ) which was unchanged 0.00% to 1.55 at the close.

Declining stocks outnumbered rising ones by 16 to 14 and 8 ended unchanged; on the Abu Dhabi, 10 rose and 3 declined, while 10 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.03% or 0.53 to $52.21 a barrel. Meanwhile, Brent oil for delivery in February rose 1.19% or 0.65 to hit $55.11 a barrel, while the February Gold contract fell 0.91% or 10.75 to trade at $1167.05 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.03% to 3.9183.

The US Dollar Index was up 0.14% at 100.89.

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