Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

United Arab Emirates stocks higher at close of trade; DFM General up 0.23%

Published 12/25/2016, 06:15 AM
Updated 12/25/2016, 11:10 AM
© Reuters.  United Arab Emirates stocks higher at close of trade; DFM General up 0.23%
DFMGI
-
DFMIF
-
DFMRE
-
DFMTP
-
DNIN
-
GGIC
-
UPRO
-
AMLK
-
ERC
-
IHC
-
AKIC
-
BOS
-
DANA
-
ADCB
-
FTFADGI
-
MARKA
-
ADNH
-

Investing.com – United Arab Emirates stocks were higher after the close on Sunday, as gains in the Finance & Investment, Transport and Real Estate & Construction sectors led shares higher.

At the close in Dubai, the DFM General gained 0.23%, while the ADX General index added 0.05%.

The best performers of the session on the DFM General were Union Properties PJSC (DU:UPRO), which rose 3.60% or 0.040 points to trade at 1.150 at the close. Meanwhile, Dubai National Insurance (DU:DNIN) added 2.04% or 0.050 points to end at 2.500 and Amlak Finance PJSC (DU:AMLK) was up 1.60% or 0.020 points to 1.270 in late trade.

The worst performers of the session were Emirates Refreshments Company (DU:ERC), which fell 10.00% or 0.490 points to trade at 4.410 at the close. Marka Pjse (DU:MARKA) declined 3.14% or 0.05 points to end at 1.54 and Gulf General Investments Company (DU:GGIC) was down 0.99% or 0.005 points to 0.500.

The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 2.70% to 1.90, Bank Of Sharja (AD:BOS) which was up 2.22% to settle at 1.380 and Dana Gas (AD:DANA) which gained 1.85% to close at 0.550.

The worst performers were Abu Dhabi National Hotels Co (AD:ADNH) which was down 7.94% to 2.90 in late trade, Al Khazna Ins (AD:AKIC) which lost 5.41% to settle at 0.350 and Ad Commercial (AD:ADCB) which was down 0.88% to 6.74 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 20 to 13 and 7 ended unchanged; on the Abu Dhabi, 13 rose and 6 declined, while 9 ended unchanged.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares in Emirates Refreshments Company (DU:ERC) fell to 5-year lows; falling 10.00% or 0.490 to 4.410.

Crude oil for February delivery was up 0.53% or 0.28 to $53.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March unchanged 0.00% or 0.00 to hit $55.90 a barrel, while the February Gold contract rose 0.34% or 3.80 to trade at $1134.50 a troy ounce.

USD/AED was up 0.00% to 3.6726, while EUR/AED rose 0.16% to 3.8399.

The US Dollar Index was down 0.12% at 102.95.

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.