Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

United Arab Emirates stocks lower at close of trade; DFM General down 0.24%

Published 07/29/2018, 07:15 AM
Updated 07/29/2018, 07:15 AM
United Arab Emirates stocks lower at close of trade; DFM General down 0.24%

Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Services, Finance & Investment and Real Estate & Construction sectors led shares lower.

At the close in Dubai, the DFM General lost 0.24%, while the ADX General index declined 0.25%.

The best performers of the session on the DFM General were Mashreqbank PSC (DU:MASB), which rose 7.38% or 5.50 points to trade at 80.00 at the close. Meanwhile, Dubai Islamic Bank (DU:DISB) added 0.80% or 0.040 points to end at 5.010 and Dubai Financial Market PJSC (DU:DFM) was up 0.31% or 0.003 points to 0.980 in late trade.

The worst performers of the session were Amanat Holdings PJSC (DU:AMANT), which fell 4.00% or 0.050 points to trade at 1.200 at the close. SHUAA Capital PSC (DU:SHUA) declined 3.70% or 0.040 points to end at 1.040 and Takaful House (DU:DTKF) was down 3.65% or 0.028 points to 0.740.

The top performers on the ADX General were Invest Bank AD (AD:INVB) which rose 10.53% to 2.520, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 10.20% to settle at 0.540 and Ad Natl Energy (AD:TAQA) which gained 2.54% to close at 1.210.

The worst performers were Rak Cmt & Cons (AD:RAKC) which was down 8.99% to 0.810 in late trade, Dana Gas (AD:DANA) which lost 1.80% to settle at 1.090 and Rak Cement Co (AD:RKCC) which was down 1.30% to 0.760 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 22 to 7 and 10 ended unchanged; on the Abu Dhabi, 7 fell and 6 advanced, while 10 ended unchanged.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares in Mashreqbank PSC (DU:MASB) rose to 52-week highs; gaining 7.38% or 5.50 to 80.00. Shares in Rak Cmt & Cons (AD:RAKC) fell to 5-year lows; down 8.99% or 0.080 to 0.810.

Crude oil for September delivery was down 0.85% or 0.59 to $69.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.24% or 0.18 to hit $74.36 a barrel, while the August Gold Futures contract fell 0.29% or 3.50 to trade at $1222.20 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED rose 0.11% to 4.2818.

The US Dollar Index Futures was down 0.11% at 94.47.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.