Investing.com – United Arab Emirates stocks were higher after the close on Thursday, as gains in the Services, Real Estate & Construction and Finance & Investment sectors led shares higher.
At the close in Dubai, the DFM General gained 1.61%, while the ADX General index climbed 0.60%.
The best performers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 7.02% or 0.040 points to trade at 0.610 at the close. Meanwhile, National Central Cooling Co. (DU:TABR) added 4.20% or 0.050 points to end at 1.240 and Emaar Properties PJSC (DU:EMAR) was up 3.72% or 0.230 points to 6.420 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 6.83% or 0.110 points to trade at 1.500 at the close. Takaful House (DU:DTKF) declined 4.35% or 0.023 points to end at 0.506 and AJMAN BANK PJSC (DU:AJBNK) was down 1.09% or 0.020 points to 1.820.
The top performers on the ADX General were Methaq (AD:METH) which rose 13.04% to 1.040, Int Fish Farmi (AD:ASMK) which was up 8.33% to settle at 6.50 and Rak Cmt & Cons (AD:RAKC) which gained 7.56% to close at 1.28.
The worst performers were Abd Nat Takafu (AD:TKFL) which was down 7.57% to 5.25 in late trade, Gulf Cement Co (AD:GCEM) which lost 3.03% to settle at 0.96 and Natl Bk Of Ad (AD:NBAD) which was down 2.71% to 9.68 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 21 to 6 and 2 ended unchanged; on the Abu Dhabi Stock Exchange, 15 rose and 8 declined, while 2 ended unchanged.
Shares in Abd Nat Takafu (AD:TKFL) fell to 52-week lows; losing 7.57% or 0.43 to 5.25. Shares in Gulf Cement Co (AD:GCEM) fell to 52-week lows; down 3.03% or 0.03 to 0.96.
Crude oil for October delivery was down 0.34% or 0.15 to $46.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.43% or 0.21 to hit $50.28 a barrel, while the December Gold contract fell 0.65% or 7.40 to trade at $1126.20 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED fell 0.06% to 4.1204.
The US Dollar Index was up 0.02% at 95.90.