Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Consumer Staples, Finance & Investment and Real Estate & Construction sectors led shares higher.
At the close in Dubai, the DFM General added 0.79% to hit a new 1-month high, while the ADX General index gained 0.14%.
The best performers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 6.23% or 0.049 points to trade at 0.835 at the close. Meanwhile, Gulf General Investments Company (DU:GGIC) added 5.77% or 0.021 points to end at 0.385 and Emaar Properties PJSC (DU:EMAR) was up 2.17% or 0.190 points to 8.930 in late trade.
The worst performers of the session were Mashreqbank PSC (DU:MASB), which fell 7.50% or 6.00 points to trade at 74.00 at the close. Takaful Emarat PSC (DU:TKFE) declined 5.85% or 0.120 points to end at 1.930 and National Central Cooling Co. (DU:TABR) was down 2.38% or 0.050 points to 2.050.
The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD:KICO) which rose 14.81% to 2.79, Sharjah Cement AD (AD:SCID) which was up 6.67% to settle at 1.120 and Ad Natl Energy (AD:TAQA) which gained 4.41% to close at 0.710.
The worst performers were National Corp Tourism Hotels (AD:NCTH) which was down 8.57% to 2.24 in late trade, Rak Ceramics (AD:RKCE) which lost 2.41% to settle at 2.430 and Agthia Group (AD:AGTH) which was down 2.11% to 5.10 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 22 to 13 and 3 ended unchanged; on the Abu Dhabi, 11 rose and 5 declined, while 10 ended unchanged.
Shares in Takaful Emarat PSC (DU:TKFE) fell to 52-week lows; losing 5.85% or 0.120 to 1.930. Shares in Emaar Properties PJSC (DU:EMAR) rose to 52-week highs; gaining 2.17% or 0.190 to 8.930. Shares in Al Khaleej Investment Co PJSC (AD:KICO) rose to 52-week highs; gaining 14.81% or 0.36 to 2.79. Shares in National Corp Tourism Hotels (AD:NCTH) fell to 3-years lows; losing 8.57% or 0.21 to 2.24. Shares in Ad Natl Energy (AD:TAQA) rose to 52-week highs; gaining 4.41% or 0.030 to 0.710. Shares in Agthia Group (AD:AGTH) fell to 3-years lows; losing 2.11% or 0.11 to 5.10.
Crude oil for November delivery was down 0.59% or 0.30 to $50.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.58% or 0.32 to hit $55.30 a barrel, while the December Gold Futures contract fell 0.48% or 6.33 to trade at $1318.87 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.19% to 4.3961.
The US Dollar Index Futures was down 0.06% at 91.60.