Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Finance & Investment, Services and Consumer Staples sectors led shares higher.
At the close in Dubai, the DFM General rose 0.55%, while the ADX General index added 1.43%.
The best performers of the session on the DFM General were Dubai Investments PJSC (DU:DINV), which rose 5.22% or 0.120 points to trade at 2.420 at the close. Meanwhile, Mashreqbank PSC (DU:MASB) added 4.55% or 3.00 points to end at 69.00 and Amanat Holdings PJSC (DU:AMANT) was up 3.17% or 0.040 points to 1.300 in late trade.
The worst performers of the session were Emirates NBD PJSC (DU:ENBD), which fell 2.44% or 0.200 points to trade at 8.000 at the close. Gulf Navigation Holding PJSC (DU:GNAV) declined 2.24% or 0.030 points to end at 1.310 and Islamic Arab Insurance Company (DU:SALAMA) was down 2.15% or 0.011 points to 0.501.
The top performers on the ADX General were Gulf Pharm Ind (AD:GPHI) which rose 11.16% to 2.390, Emirates Ins C (AD:EIC) which was up 8.33% to settle at 6.50 and Emirates Telec (AD:ETEL) which gained 3.01% to close at 17.10.
The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 7.14% to 2.60 in late trade, Ad Natl Ins Co (AD:ADNI) which lost 5.00% to settle at 3.800 and Methaq (AD:METH) which was down 1.33% to 0.740 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 16 and 7 ended unchanged; on the Abu Dhabi, 10 rose and 5 declined, while 12 ended unchanged.
Shares in Emirates Ins C (AD:EIC) rose to 52-week highs; gaining 8.33% or 0.50 to 6.50.
Crude oil for January delivery was down 0.42% or 0.24 to $57.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.14% or 0.09 to hit $63.31 a barrel, while the February Gold Futures contract rose 0.31% or 3.90 to trade at $1252.30 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED unchanged 0.00% to 4.3212.
The US Dollar Index Futures was down 0.06% at 93.78.