Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

United Arab Emirates stocks mixed at close of trade; DFM General down 0.29%

Published 04/17/2018, 07:15 AM
Updated 04/17/2018, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.29%

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

At the close in Dubai, the DFM General lost 0.29%, while the ADX General index added 0.52%.

The best performers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 2.94% or 0.020 points to trade at 0.700 at the close. Meanwhile, DXB Entertainments (P.J.S.C.) (DU:DXBE) added 1.58% or 0.007 points to end at 0.451 and Air Arabia PJSC (DU:AIRA) was up 0.83% or 0.010 points to 1.210 in late trade.

The worst performers of the session were Marka Pjse (DU:MARKA), which fell 8.85% or 0.03 points to trade at 0.34 at the close. AJMAN BANK PJSC (DU:AJBNK) declined 3.81% or 0.040 points to end at 1.010 and ARAMEX PJSC (DU:ARMX) was down 3.33% or 0.140 points to 4.060.

The top performers on the ADX General were Fujairah Cement Industries Co PSC (AD:FCI) which rose 10.09% to 1.200, Ad Natl Energy (AD:TAQA) which was up 1.79% to settle at 1.140 and Arkan Building Materials Co PJSC (AD:ARKN) which gained 1.64% to close at 0.6200.

The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) which was down 10.00% to 2.70 in late trade, Ad Aviation (AD:ADAV) which lost 5.72% to settle at 2.800 and Abd Nat Takafu (AD:TKFL) which was down 4.58% to 5.00 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 24 to 10 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 8 advanced, while 10 ended unchanged.

Shares in Marka Pjse (DU:MARKA) fell to all time lows; losing 8.85% or 0.03 to 0.34. Shares in AJMAN BANK PJSC (DU:AJBNK) fell to 5-year lows; losing 3.81% or 0.040 to 1.010. Shares in ARAMEX PJSC (DU:ARMX) fell to 52-week lows; losing 3.33% or 0.140 to 4.060. Shares in Fujairah Cement Industries Co PSC (AD:FCI) rose to 52-week highs; gaining 10.09% or 0.110 to 1.200. Shares in Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) fell to 52-week lows; falling 10.00% or 0.30 to 2.70. Shares in Ad Natl Energy (AD:TAQA) rose to 3-years highs; rising 1.79% or 0.020 to 1.140.

Crude oil for May delivery was up 0.08% or 0.05 to $66.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.03% or 0.02 to hit $71.44 a barrel, while the June Gold Futures contract fell 0.43% or 5.80 to trade at $1344.90 a troy ounce.

USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.07% to 4.5450.

The US Dollar Index Futures was up 0.03% at 89.17.

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.