🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

United Arab Emirates shares mixed at close of trade; DFM General up 0.29%

Published 2017/03/15, 13:15
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General up 0.29%
DFMGI
-
DFMIF
-
DFMIN
-
DFMTC
-
DFMTP
-
AIRA
-
AMAN
-
ARTC
-
DEYR
-
GGIC
-
GNAV
-
DFMCSI
-
DFMSV
-
IHC
-
RAKWCT
-
ADCB
-
GCEM
-
RAKCEC
-
RAKPROP
-
FTFADGI
-

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

At the close in Dubai, the DFM General added 0.29%, while the ADX General index lost 0.29%.

The biggest gainers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 3.45% or 0.050 points to trade at 1.500 at the close. Deyaar Development PJSC (DU:DEYR) added 2.50% or 0.014 points to end at 0.574 and Arabtec Holding PJSC (DU:ARTC) was up 1.76% or 0.015 points to 0.869 in late trade.

Biggest losers included Gulf General Investments Company (DU:GGIC), which lost 1.98% or 0.009 points to trade at 0.446 in late trade. Dubai Islamic Insurance Co. (DU:AMAN) declined 1.94% or 0.017 points to end at 0.859 and Air Arabia PJSC (DU:AIRA) shed 1.80% or 0.020 points to 1.090.

The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 4.17% to 2.00, Rak Ceramics (AD:RKCE) which was up 3.52% to settle at 2.350 and Rak Cmt & Cons (AD:RAKC) which gained 3.33% to close at 1.240.

The worst performers were Gulf Cement Co (AD:GCEM) which was down 7.08% to 1.0500 in late trade, Ad Commercial (AD:ADCB) which lost 3.58% to settle at 7.01 and Rak Properties (AD:RPRO) which was down 2.74% to 0.710 at the close.

Declining stocks outnumbered rising ones by 14 to 14 and 7 ended unchanged; on the Abu Dhabi, 13 fell and 9 advanced, while 3 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for April delivery was up 1.91% or 0.91 to $48.63 a barrel. Meanwhile, Brent oil for delivery in May rose 1.69% or 0.86 to hit $51.78 a barrel, while the April Gold Futures contract fell 0.13% or 1.55 to trade at $1201.05 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.22% to 3.9031.

The US Dollar Index Futures was down 0.18% at 101.44.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.