Get 40% Off
🚨 Markets Are Down. Unlock Undervalued StocksFind Stocks Now

United Arab Emirates stocks mixed at close of trade; DFM General down 0.35%

Published 07/09/2018, 07:15 AM
Updated 07/09/2018, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.35%

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

At the close in Dubai, the DFM General declined 0.35%, while the ADX General index climbed 0.03%.

The best performers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 10.55% or 0.067 points to trade at 0.702 at the close. Meanwhile, Gulf Navigation Holding PJSC (DU:GNAV) added 7.97% or 0.076 points to end at 1.030 and Takaful House (DU:DTKF) was up 5.80% or 0.036 points to 0.657 in late trade.

The worst performers of the session were Amanat Holdings PJSC (DU:AMANT), which fell 6.67% or 0.090 points to trade at 1.260 at the close. Gulf General Investments Company (DU:GGIC) declined 1.84% or 0.005 points to end at 0.267 and Damac Properties Dubai Co PSC (DU:DAMAC) was down 1.39% or 0.030 points to 2.130.

The top performers on the ADX General were Finance House (AD:FH) which rose 5.88% to 1.800, Gulf Cement Co (AD:GCEM) which was up 5.10% to settle at 1.0300 and Ad Natl Energy (AD:TAQA) which gained 4.35% to close at 1.200.

The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 3.33% to 0.5800 in late trade, Methaq (AD:METH) which lost 2.53% to settle at 0.770 and Waha Capital (AD:WAHA) which was down 2.22% to 1.760 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 21 to 12 and 4 ended unchanged; on the Abu Dhabi, 12 rose and 6 declined, while 12 ended unchanged.

Crude oil for August delivery was up 0.04% or 0.03 to $73.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.01% or 0.78 to hit $77.89 a barrel, while the August Gold Futures contract rose 0.80% or 10.10 to trade at $1265.90 a troy ounce.

USD/AED was up 0.00% to 3.6732, while EUR/AED rose 0.23% to 4.3246.

The US Dollar Index Futures was down 0.27% at 93.51.

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.