Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

United Arab Emirates stocks higher at close of trade; DFM General up 0.31%

Published 09/05/2016, 07:15 AM
Updated 09/05/2016, 07:15 AM
© Reuters.  United Arab Emirates stocks higher at close of trade; DFM General up 0.31%

© Reuters. United Arab Emirates stocks higher at close of trade; DFM General up 0.31%

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

At the close in Dubai, the DFM General added 0.31%, while the ADX General index added 0.89%.

The best performers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 14.96% or 0.104 points to trade at 0.799 at the close. Meanwhile, Union Properties PJSC (DU:UPRO) added 4.01% or 0.030 points to end at 0.778 and Gulf General Investments Company (DU:GGIC) was up 3.46% or 0.019 points to 0.568 in late trade.

The worst performers of the session were Marka Pjse (DU:MARKA), which fell 3.42% or 0.04 points to trade at 1.13 at the close. Takaful Emarat PSC (DU:TKFE) declined 2.03% or 0.060 points to end at 2.900 and National Central Cooling Co. (DU:TABR) was down 1.95% or 0.030 points to 1.510.

The top performers on the ADX General were Ad Natl Ins Co (AD:ADNI) which rose 4.76% to 2.200, Natl Bk Of Ad (AD:NBAD) which was up 2.73% to settle at 9.40 and Eshraq Properties Co PJSC (AD:ESHR) which gained 2.53% to close at 0.8100.

The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 6.89% to 4.460 in late trade, Natl Bk Of Rak (AD:RAKB) which lost 4.59% to settle at 5.20 and Finance House (AD:FH) which was down 2.70% to 1.800 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 9 and 7 ended unchanged; on the Abu Dhabi Stock Exchange, 13 rose and 8 declined, while 8 ended unchanged.

Shares in SHUAA Capital PSC (DU:SHUA) rose to 52-week highs; rising 14.96% or 0.104 to 0.799.

Crude oil for October delivery was up 3.15% or 1.39 to $45.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.52% or 1.18 to hit $48.01 a barrel, while the December Gold contract rose 0.17% or 2.25 to trade at $1330.35 a troy ounce.

USD/AED was up 0.00% to 3.6731, while EUR/AED rose 0.03% to 4.0999.

The US Dollar Index was down 0.19% at 95.69.

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.