Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

United Arab Emirates stocks higher at close of trade; DFM General up 0.36%

Stock MarketsApr 09, 2018 07:20AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
United Arab Emirates stocks higher at close of trade; DFM General up 0.36%

Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Real Estate & Construction, Banking and Insurance sectors led shares higher.

At the close in Dubai, the DFM General added 0.36%, while the ADX General index climbed 1.35%.

The best performers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 2.15% or 0.015 points to trade at 0.714 at the close. Meanwhile, Amlak Finance PJSC (DU:AMLK) added 1.95% or 0.016 points to end at 0.836 and Union Properties PJSC (DU:UPRO) was up 1.76% or 0.015 points to 0.866 in late trade.

The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 2.71% or 0.008 points to trade at 0.287 at the close. Dubai Investments PJSC (DU:DINV) declined 1.90% or 0.040 points to end at 2.070 and Emaar Malls (DU:EMAA) was down 1.87% or 0.040 points to 2.100.

The top performers on the ADX General were Eshraq Properties Co PJSC (AD:ESHR) which rose 4.11% to 0.7600, Gulf Cement Co (AD:GCEM) which was up 3.85% to settle at 1.0800 and Ad Natl Energy (AD:TAQA) which gained 3.33% to close at 0.930.

The worst performers were Commercial Bank International (AD:CBI) which was down 9.20% to 0.790 in late trade, National Marine Dredging PSC (AD:NMDC) which lost 5.71% to settle at 3.300 and Al Khazna Ins (AD:AKIC) which was down 4.17% to 0.230 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 25 to 8 and 5 ended unchanged; on the Abu Dhabi, 11 fell and 9 advanced, while 6 ended unchanged.

Shares in Gulf General Investments Company (DU:GGIC) fell to 5-year lows; losing 2.71% or 0.008 to 0.287. Shares in Ad Natl Energy (AD:TAQA) rose to 3-years highs; rising 3.33% or 0.030 to 0.930. Shares in Al Khazna Ins (AD:AKIC) fell to all time lows; falling 4.17% or 0.010 to 0.230.

Crude oil for May delivery was up 0.29% or 0.18 to $62.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.61% or 0.41 to hit $67.52 a barrel, while the June Gold Futures contract fell 0.38% or 5.10 to trade at $1331.00 a troy ounce.

USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.05% to 4.5080.

The US Dollar Index Futures was up 0.11% at 89.92.

United Arab Emirates stocks higher at close of trade; DFM General up 0.36%
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email