Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Consumer Staples, Banking and Transport sectors led shares higher.
At the close in Dubai, the DFM General gained 0.31%, while the ADX General index gained 1.23%.
The best performers of the session on the DFM General were Marka Pjse (DU:MARKA), which rose 12.28% or 0.14 points to trade at 1.28 at the close. Meanwhile, Arabtec Holding PJSC (DU:ARTC) added 3.21% or 0.026 points to end at 0.837 and Dubai Islamic Insurance Co. (DU:AMAN) was up 2.35% or 0.019 points to 0.828 in late trade.
The worst performers of the session were Union Properties PJSC (DU:UPRO), which fell 3.37% or 0.033 points to trade at 0.947 at the close. Emirate Integrated Telecom Co PJSC (DU:DU) declined 1.17% or 0.070 points to end at 5.920 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was down 0.85% or 0.008 points to 0.935.
The top performers on the ADX General were Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) which rose 14.40% to 1.4300, Ad Shipbldg Co (AD:ADSB) which was up 7.55% to settle at 2.990 and Gulf Pharm Ind (AD:GPHI) which gained 6.52% to close at 2.450.
The worst performers were Fujairah Cement Industries Co PSC (AD:FCI) which was down 9.24% to 1.080 in late trade, Gulf Cement Co (AD:GCEM) which lost 8.93% to settle at 1.0200 and Bank Of Sharja (AD:BOS) which was down 8.57% to 1.280 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 16 to 12 and 8 ended unchanged; on the Abu Dhabi, 13 rose and 8 declined, while 8 ended unchanged.
Shares in DXB Entertainments (P.J.S.C.) (DU:DXBE) fell to 52-week lows; falling 0.85% or 0.008 to 0.935. Shares in Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) rose to 52-week highs; gaining 14.40% or 0.1800 to 1.4300.
Crude oil for May delivery was down 0.88% or 0.47 to $52.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.89% or 0.50 to hit $55.39 a barrel, while the June Gold Futures contract rose 0.23% or 3.00 to trade at $1291.50 a troy ounce.
USD/AED was unchanged 0.00% to 3.6729, while EUR/AED rose 0.24% to 3.9073.
The US Dollar Index Futures was down 0.30% at 100.19.