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 higher at close of trade; DFM General up 0.46%

Published 11/23/2017, 06:15 AM
Updated 11/23/2017, 06:15 AM
© Reuters.  United Arab Emirates stocks higher at close of trade; DFM General up 0.46%

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

At the close in Dubai, the DFM General gained 0.46%, while the ADX General index climbed 0.31%.

The best performers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 4.74% or 0.220 points to trade at 4.860 at the close. Meanwhile, DXB Entertainments (P.J.S.C.) (DU:DXBE) added 4.66% or 0.029 points to end at 0.651 and Amanat Holdings PJSC (DU:AMANT) was up 1.56% or 0.020 points to 1.300 in late trade.

The worst performers of the session were SHUAA Capital PSC (DU:SHUA), which fell 2.54% or 0.030 points to trade at 1.150 at the close. Dubai Financial Market PJSC (DU:DFM) declined 1.72% or 0.020 points to end at 1.140 and Drake & Scull International PJSC (DU:DSI) was down 1.69% or 0.030 points to 1.740.

The top performers on the ADX General were Rak Cement Co (AD:RKCC) which rose 4.69% to 0.670, Ad Natl Energy (AD:TAQA) which was up 1.67% to settle at 0.610 and Arkan Building Materials Co PJSC (AD:ARKN) which gained 1.54% to close at 0.6600.

The worst performers were Gulf Cement Co (AD:GCEM) which was down 6.06% to 0.9300 in late trade, Eshraq Properties Co PJSC (AD:ESHR) which lost 2.67% to settle at 0.7300 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 2.33% to 0.420 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 15 to 15 and 8 ended unchanged; on the Abu Dhabi, 14 rose and 9 declined, while 3 ended unchanged.

Shares in Amanat Holdings PJSC (DU:AMANT) rose to all time highs; gaining 1.56% or 0.020 to 1.300.

Crude oil for January delivery was down 0.07% or 0.04 to $57.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.28% or 0.18 to hit $63.14 a barrel, while the December Gold Futures contract rose 0.02% or 0.25 to trade at $1292.45 a troy ounce.

USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.24% to 4.3523.

The US Dollar Index Futures was down 0.13% at 93.03.

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.