United Arab Emirates shares mixed at close of trade; DFM General up 0.95%

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United Arab Emirates shares mixed at close of trade; DFM General up 0.95%
Credit: © Reuters.

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

At the close in Dubai, the DFM General added 0.95%, while the ADX General index lost 0.31%.

The biggest gainers of the session on the DFM General were Marka Pjse (DU: MARKA ), which rose 10.48% or 0.11 points to trade at 1.16 at the close. Drake & Scull International PJSC (DU: DSI ) added 4.22% or 0.020 points to end at 0.494 and DXB Entertainments (P.J.S.C.) (DU: DXBE ) was up 4.05% or 0.060 points to 1.540 in late trade.

Biggest losers included Commercial Bank of Dubai P.S.C. (DU: CBD ), which lost 8.93% or 0.490 points to trade at 5.000 in late trade. Mashreqbank PSC (DU: MASB ) unchanged 0.00% or 0.00 points to end at 68.90 and Dubai National Insurance (DU: DNIN ) 0.00% or 0.000 points to 2.500.

The top performers on the ADX General were Al Khazna Ins (AD: AKIC ) which rose 15.00% to 0.460, Int Fish Farmi (AD: ASMK ) which was up 10.49% to settle at 1.79 and Eshraq Properties Co PJSC (AD: ESHR ) which gained 2.56% to close at 0.8000.

The worst performers were Ad Natl Ins Co (AD: ADNI ) which was down 8.30% to 2.210 in late trade, First Gulf Bk (AD: FGB ) which lost 1.74% to settle at 11.30 and Natl Bk Of Ad (AD: NBAD ) which was down 0.68% to 8.75 at the close.

Advancing stocks outnumbered falling ones by 33 to 2 and 3 ended unchanged; on the Abu Dhabi, 13 rose and 5 declined, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.76% or 0.39 to $50.96 a barrel. Meanwhile, Brent oil for delivery in December fell 0.70% or 0.37 to hit $52.77 a barrel, while the December Gold contract fell 0.38% or 4.75 to trade at $1255.65 a troy ounce.

USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.45% to 4.0719.

The US Dollar Index was up 0.52% at 97.41.

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