Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Consumer Staples, Transport and Finance & Investment sectors led shares higher.
At the close in Dubai, the DFM General rose 0.85%, while the ADX General index climbed 0.40%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 14.91% or 0.120 points to trade at 0.925 at the close. Meanwhile, Mashreqbank PSC (DU:MASB) added 7.35% or 5.00 points to end at 73.00 and Dubai Parks and Resorts PJSC (DU:DUBA) was up 4.70% or 0.070 points to 1.560 in late trade.
The worst performers of the session were National General Insurance Co PSC (DU:NGIN), which fell 9.80% or 0.24 points to trade at 2.21 at the close. Dubai National Insurance (DU:DNIN) declined 7.76% or 0.190 points to end at 2.260 and Marka Pjse (DU:MARKA) was down 1.69% or 0.02 points to 1.16.
The top performers on the ADX General were Eshraq Properties Co PJSC (AD:ESHR) which rose 4.00% to 0.7800, Methaq (AD:METH) which was up 3.95% to settle at 0.790 and Bank Of Sharja (AD:BOS) which gained 3.28% to close at 1.260.
The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 4.49% to 0.8500 in late trade, Ad Commercial (AD:ADCB) which lost 0.33% to settle at 6.12 and Fujairah Building Industries Co PSC (AD:FBI) which was unchanged 0.00% to 1.08 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 29 to 8 and 2 ended unchanged; on the Abu Dhabi Stock Exchange, 14 rose and 4 declined, while 11 ended unchanged.
Shares in Takaful House (DU:DTKF) rose to 52-week highs; up 14.91% or 0.120 to 0.925. Shares in National General Insurance Co PSC (DU:NGIN) fell to 5-year lows; losing 9.80% or 0.24 to 2.21. Shares in Dubai Parks and Resorts PJSC (DU:DUBA) rose to all time highs; gaining 4.70% or 0.070 to 1.560. Shares in Fujairah Building Industries Co PSC (AD:FBI) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 1.08.
Crude oil for August delivery was down 0.76% or 0.36 to $47.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.69% or 0.34 to hit $48.70 a barrel, while the August Gold contract rose 0.79% or 10.45 to trade at $1332.85 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 1.01% to 4.0423.
The US Dollar Index was up 0.91% at 96.50.