Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

United Arab Emirates stocks mixed at close of trade; DFM General down 0.01%

Published 08/08/2016, 07:15 AM
Updated 08/08/2016, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.01%

Investing.com – United Arab Emirates stocks were mixed after the close on Monday, as gains in the Finance & Investment, Real Estate & Construction and Services sectors led shares higher while losses in the Transport, Telecoms and Banking sectors led shares lower.

At the close in Dubai, the DFM General lost 0.01%, while the ADX General index climbed 0.06%.

The best performers of the session on the DFM General were Gulf General Investments Company (DU:GGIC), which rose 3.51% or 0.020 points to trade at 0.590 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 2.22% or 0.014 points to end at 0.646 and Emaar Properties PJSC (DU:EMAR) was up 1.32% or 0.090 points to 6.900 in late trade.

The worst performers of the session were Marka Pjse (DU:MARKA), which fell 7.44% or 0.09 points to trade at 1.12 at the close. Air Arabia PJSC (DU:AIRA) declined 1.36% or 0.020 points to end at 1.450 and Arabtec Holding PJSC (DU:ARTC) was down 1.30% or 0.020 points to 1.520.

The top performers on the ADX General were Gulf Pharm Ind (AD:GPHI) which rose 7.27% to 2.360, Buhaira Nat In (AD:ABNI) which was up 2.16% to settle at 2.370 and Bank Of Sharja (AD:BOS) which gained 1.56% to close at 1.300.

The worst performers were National Corp Tourism Hotels (AD:NCTH) which was down 9.88% to 3.65 in late trade, Agthia Group (AD:AGTH) which lost 1.90% to settle at 6.70 and Dana Gas (AD:DANA) which was down 1.75% to 0.560 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 14 to 11 and 10 ended unchanged; on the Abu Dhabi Stock Exchange, 12 fell and 9 advanced, while 7 ended unchanged.

Crude oil for September delivery was up 1.34% or 0.56 to $42.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.24% or 0.55 to hit $44.82 a barrel, while the December Gold contract fell 0.49% or 6.65 to trade at $1337.75 a troy ounce.

USD/AED was down 0.01% to 3.6729, while EUR/AED fell 0.09% to 4.0710.

The US Dollar Index was up 0.12% at 96.31.

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.