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United Arab Emirates stocks higher at close of trade; DFM General up 0.44%

Stock MarketsAug 23, 2018 07:15AM ET
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© Reuters. United Arab Emirates stocks higher at close of trade; DFM General up 0.44%

Investing.com – United Arab Emirates stocks were higher after the close on Thursday, as gains in the Consumer Staples, Banking and Insurance sectors led shares higher.

At the close in Dubai, the DFM General rose 0.44%, while the ADX General index unchanged 0.00%.

The best performers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 3.30% or 0.030 points to trade at 0.940 at the close. Meanwhile, DXB Entertainments (P.J.S.C.) (DU:DXBE) added 2.34% or 0.008 points to end at 0.350 and Emirates NBD PJSC (DU:ENBD) was up 2.25% or 0.200 points to 9.100 in late trade.

The worst performers of the session were Amanat Holdings PJSC (DU:AMANT), which fell 8.62% or 0.100 points to trade at 1.060 at the close. Emirate Integrated Telecom Co PJSC (DU:DU) declined 1.36% or 0.070 points to end at 5.060 and Amlak Finance PJSC (DU:AMLK) was down 1.21% or 0.008 points to 0.654.

The top performers on the ADX General were Sharjah Group Co (AD:SG) which unchanged 0.00% to 1.30, Finance House (AD:FH) which was unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD:EIC) which unchanged 0.00% to close at 7.20.

The worst performers were Sharjah Group Co (AD:SG) which was unchanged 0.00% to 1.30 in late trade, Finance House (AD:FH) which unchanged 0.00% to settle at 1.680 and Emirates Ins C (AD:EIC) which was unchanged 0.00% to 7.20 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 0 to 0; on the Abu Dhabi, 0 fell and 0 advanced.

Shares in Amanat Holdings PJSC (DU:AMANT) fell to 52-week lows; down 8.62% or 0.100 to 1.060. Shares in Amlak Finance PJSC (DU:AMLK) fell to all time lows; down 1.21% or 0.008 to 0.654.

Crude oil for October delivery was up 0.19% or 0.13 to $67.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.11% or 0.08 to hit $74.70 a barrel, while the December Gold Futures contract fell 0.56% or 6.70 to trade at $1196.60 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.15% to 4.2531.

The US Dollar Index Futures was up 0.17% at 95.16.

United Arab Emirates stocks higher at close of trade; DFM General up 0.44%
 

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