Investing.com – United Arab Emirates stocks were higher after the close on Sunday, as gains in the Insurance, Consumer Staples and Telecoms sectors led shares higher.
At the close in Dubai, the DFM General rose 0.55%, while the ADX General index gained 0.20%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 14.94% or 0.115 points to trade at 0.885 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 8.58% or 0.060 points to end at 0.759 and Islamic Arab Insurance Company (DU:SALAMA) was up 5.46% or 0.022 points to 0.425 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 1.41% or 0.004 points to trade at 0.280 at the close. Amanat Holdings PJSC (DU:AMANT) declined 0.79% or 0.010 points to end at 1.260 and National Central Cooling Co. (DU:TABR) was down 0.57% or 0.010 points to 1.750.
The top performers on the ADX General were Methaq (AD:METH) which rose 6.49% to 0.820, Invest Bank AD (AD:INVB) which was up 3.33% to settle at 2.480 and Dana Gas (AD:DANA) which gained 2.88% to close at 1.070.
The worst performers were Em Driving Co (AD:DRIV) which was down 8.11% to 6.80 in late trade, Sharjah Islami (AD:SIB) which lost 2.44% to settle at 1.200 and International Holding Company PJSC (AD:IHC) which was down 2.26% to 1.30 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 24 to 7 and 3 ended unchanged; on the Abu Dhabi, 16 rose and 10 declined, while 6 ended unchanged.
Shares in Em Driving Co (AD:DRIV) fell to 52-week lows; falling 8.11% or 0.60 to 6.80.
Crude oil for August delivery was up 0.33% or 0.23 to $70.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.55% or 0.41 to hit $74.86 a barrel, while the August Gold Futures contract fell 0.39% or 4.80 to trade at $1241.80 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.12% to 4.2919.
The US Dollar Index Futures was down 0.14% at 94.44.