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 lower at close of trade; DFM General down 0.01%

Published 04/24/2016, 07:15 AM
Updated 04/24/2016, 07:15 AM
© Reuters.  United Arab Emirates stocks lower at close of trade; DFM General down 0.01%

© Reuters. United Arab Emirates stocks lower at close of trade; DFM General down 0.01%

Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Finance & Investment, Real Estate & Construction and Banking sectors led shares lower.

At the close in Dubai, the DFM General declined 0.01%, while the ADX General index lost 0.34%.

The best performers of the session on the DFM General were National Cement Company P.S.C. (DU:NCC), which rose 14.83% or 0.430 points to trade at 3.330 at the close. Meanwhile, Marka Pjse (DU:MARKA) added 2.36% or 0.03 points to end at 1.30 and Islamic Arab Insurance Company (DU:SALAMA) was up 2.21% or 0.012 points to 0.556 in late trade.

The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 2.63% or 0.050 points to trade at 1.850 at the close. Dubai Islamic Insurance Co. (DU:AMAN) declined 1.98% or 0.013 points to end at 0.643 and Dubai Financial Market PJSC (DU:DFM) was down 1.29% or 0.020 points to 1.530.

The top performers on the ADX General were Finance House (AD:FH) which rose 14.63% to 2.35, Al Khazna Ins (AD:AKIC) which was up 13.89% to settle at 0.410 and Green Crs Ins (AD:GCIC) which gained 7.69% to close at 0.840.

The worst performers were Natl Co Bldg M (AD:BILD) which was down 3.85% to 0.500 in late trade, Invest Bank AD (AD:INVB) which lost 2.22% to settle at 2.20 and Rak Properties (AD:RPRO) which was down 1.72% to 0.570 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 21 to 12 and 2 ended unchanged; on the Abu Dhabi Stock Exchange, 15 fell and 15 advanced, while 5 ended unchanged.

Crude oil for June delivery was up 1.27% or 0.55 to $43.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.35% or 0.60 to hit $45.13 a barrel, while the June Gold contract fell 1.22% or 15.20 to trade at $1235.10 a troy ounce.

USD/AED was down 0.01% to 3.6729, while EUR/AED fell 0.59% to 4.1243.

The US Dollar Index was up 0.52% at 95.11.

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.