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United Arab Emirates stocks lower at close of trade; DFM General down 0.14%

Published 12/21/2017, 06:15 AM
© Reuters.  United Arab Emirates stocks lower at close of trade; DFM General down 0.14%

Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Consumer Staples, Transport and Finance & Investment sectors led shares lower.

At the close in Dubai, the DFM General lost 0.14%, while the ADX General index lost 0.23%.

The best performers of the session on the DFM General were National Central Cooling Co. (DU:TABR), which rose 4.42% or 0.080 points to trade at 1.890 at the close. Meanwhile, SHUAA Capital PSC (DU:SHUA) added 2.54% or 0.030 points to end at 1.210 and Emirates NBD PJSC (DU:ENBD) was up 1.75% or 0.140 points to 8.150 in late trade.

The worst performers of the session were Marka Pjse (DU:MARKA), which fell 3.45% or 0.02 points to trade at 0.56 at the close. Emaar Malls (DU:EMAA) declined 2.35% or 0.050 points to end at 2.080 and ARAMEX PJSC (DU:ARMX) was down 2.27% or 0.100 points to 4.300.

The top performers on the ADX General were Ad Aviation (AD:ADAV) which rose 9.09% to 3.000, Rak Ceramics (AD:RKCE) which was up 6.61% to settle at 2.740 and Rak Cement Co (AD:RKCC) which gained 3.17% to close at 0.650.

The worst performers were Bank Of Sharja (AD:BOS) which was down 4.92% to 1.160 in late trade, Ad Natl Energy (AD:TAQA) which lost 3.45% to settle at 0.560 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 2.44% to 0.400 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 14 and 6 ended unchanged; on the Abu Dhabi, 10 fell and 8 advanced, while 8 ended unchanged.

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Shares in Marka Pjse (DU:MARKA) fell to all time lows; losing 3.45% or 0.02 to 0.56. Shares in Emaar Malls (DU:EMAA) fell to 52-week lows; down 2.35% or 0.050 to 2.080. Shares in Bank Of Sharja (AD:BOS) fell to 5-year lows; down 4.92% or 0.060 to 1.160. Shares in Rak Ceramics (AD:RKCE) rose to 52-week highs; rising 6.61% or 0.170 to 2.740. Shares in Rak Cement Co (AD:RKCC) rose to 3-years lows; gaining 3.17% or 0.020 to 0.650. Shares in Abu Dhabi National for Building Materials Co PJSC (AD:BILD) fell to 52-week lows; losing 2.44% or 0.010 to 0.400.

Crude oil for February delivery was down 0.19% or 0.11 to $57.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.28% or 0.18 to hit $64.38 a barrel, while the February Gold Futures contract fell 0.07% or 0.90 to trade at $1268.70 a troy ounce.

USD/AED was down 0.02% to 3.6724, while EUR/AED fell 0.02% to 4.3599.

The US Dollar Index Futures was up 0.01% at 92.95.

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