Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Finance & Investment, Real Estate & Construction and Consumer Staples sectors led shares higher.
At the close in Dubai, the DFM General gained 0.98% to hit a new 6-months high, while the ADX General index climbed 0.73%.
The best performers of the session on the DFM General were Dubai Financial Market PJSC (DU:DFM), which rose 3.79% or 0.050 points to trade at 1.370 at the close. Meanwhile, Damac Properties Dubai Co PSC (DU:DAMAC) added 3.36% or 0.080 points to end at 2.460 and Dubai Investments PJSC (DU:DINV) was up 2.80% or 0.060 points to 2.200 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 3.85% or 0.110 points to trade at 2.750 at the close. Drake & Scull International PJSC (DU:DSI) declined 3.70% or 0.020 points to end at 0.520 and National Central Cooling Co. (DU:TABR) was down 1.89% or 0.030 points to 1.560.
The top performers on the ADX General were National Marine Dredging PSC (AD:NMDC) which rose 10.86% to 4.900, Finance House (AD:FH) which was up 4.52% to settle at 1.850 and Gulf Cement Co (AD:GCEM) which gained 3.45% to close at 0.9000.
The worst performers were Abd Nat Takafu (AD:TKFL) which was down 9.66% to 4.30 in late trade, Int Fish Farmi (AD:ASMK) which lost 3.87% to settle at 1.49 and Gulf Pharm Ind (AD:GPHI) which was down 2.67% to 2.190 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 20 to 11 and 3 ended unchanged; on the Abu Dhabi Stock Exchange, 14 rose and 9 declined, while 5 ended unchanged.
Shares in Gulf Pharm Ind (AD:GPHI) fell to 3-years lows; falling 2.67% or 0.060 to 2.190.
Crude oil for September delivery was up 0.54% or 0.24 to $44.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.40% or 0.19 to hit $47.16 a barrel, while the December Gold contract rose 0.11% or 1.45 to trade at $1344.65 a troy ounce.
USD/AED was down 0.01% to 3.6725, while EUR/AED rose 0.04% to 4.1025.
The US Dollar Index was down 0.07% at 95.61.