Investing.com – United Arab Emirates stocks were higher after the close on Sunday, as gains in the Finance & Investment, Banking and Real Estate & Construction sectors led shares higher.
At the close in Dubai, the DFM General added 1.77% to hit a new 52-week high, while the ADX General index added 0.70%.
The best performers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 14.93% or 0.200 points to trade at 1.540 at the close. Meanwhile, Mashreqbank PSC (DU:MASB) added 6.15% or 4.00 points to end at 69.00 and Dubai Islamic Insurance Co. (DU:AMAN) was up 4.59% or 0.050 points to 1.140 in late trade.
The worst performers of the session were Oman Insurance Company P.S.C. (DU:OIC), which fell 5.71% or 0.080 points to trade at 1.320 at the close. Damac Properties Dubai Co PSC (DU:DAMAC) declined 0.37% or 0.010 points to end at 2.680 and Emirates NBD PJSC (DU:ENBD) was down 0.35% or 0.030 points to 8.650.
The top performers on the ADX General were Gulf Cement Co (AD:GCEM) which rose 12.90% to 1.0500, Rak Cement Co (AD:RKCC) which was up 5.26% to settle at 0.800 and Green Crs Ins (AD:GCIC) which gained 4.11% to close at 0.760.
The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 7.72% to 2.630 in late trade, Agthia Group (AD:AGTH) which lost 2.46% to settle at 6.73 and Al Khazna Ins (AD:AKIC) which was down 1.96% to 0.500 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 29 to 7 and 8 ended unchanged; on the Abu Dhabi, 20 rose and 6 declined, while 3 ended unchanged.
Shares in Dubai Islamic Insurance Co. (DU:AMAN) rose to 52-week highs; gaining 4.59% or 0.050 to 1.140. Shares in Gulf Cement Co (AD:GCEM) rose to 52-week highs; gaining 12.90% or 0.1200 to 1.0500.
Crude oil for February delivery was down 0.09% or 0.05 to $53.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.11% or 0.06 to hit $56.83 a barrel, while the February Gold contract fell 0.73% or 8.65 to trade at $1172.65 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.72% to 3.8680.
The US Dollar Index was up 0.77% at 102.17.