Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

United Arab Emirates stocks mixed at close of trade; DFM General down 0.07%

Published 10/16/2017, 07:15 AM
Updated 10/16/2017, 11:35 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.07%

Investing.com – United Arab Emirates stocks were mixed after the close on Monday, as gains in the Insurance, Transport and Services sectors led shares higher while losses in the Consumer Staples, Finance & Investment and Banking sectors led shares lower.

At the close in Dubai, the DFM General declined 0.07%, while the ADX General index climbed 0.11%.

The best performers of the session on the DFM General were Islamic Arab Insurance Company (DU:SALAMA), which rose 6.07% or 0.032 points to trade at 0.559 at the close. Meanwhile, Mashreqbank PSC (DU:MASB) added 4.82% or 3.40 points to end at 73.90 and Deyaar Development PJSC (DU:DEYR) was up 3.48% or 0.018 points to 0.535 in late trade.

The worst performers of the session were DXB Entertainments (P.J.S.C.) (DU:DXBE), which fell 2.28% or 0.018 points to trade at 0.771 at the close. Dubai Islamic Bank (DU:DISB) declined 0.81% or 0.050 points to end at 6.130 and Dubai Investments PJSC (DU:DINV) was down 0.80% or 0.020 points to 2.480.

The top performers on the ADX General were Finance House (AD:FH) which rose 12.50% to 1.800, Gulf Cement Co (AD:GCEM) which was up 4.00% to settle at 1.0400 and Aldar Properti (AD:ALDR) which gained 2.88% to close at 2.500.

The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 5.56% to 0.6800 in late trade, Al Khaleej Investment Co PJSC (AD:KICO) which lost 5.41% to settle at 3.50 and Rak Cement Co (AD:RKCC) which was down 3.85% to 0.750 at the close.

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

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 20 to 10 and 7 ended unchanged; on the Abu Dhabi, 13 fell and 7 advanced, while 10 ended unchanged.

Crude oil for November delivery was up 0.62% or 0.32 to $51.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.00% or 0.57 to hit $57.74 a barrel, while the December Gold Futures contract rose 0.13% or 1.71 to trade at $1306.31 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.04% to 4.3406.

The US Dollar Index Futures was up 0.06% at 92.98.

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.