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

United Arab Emirates stocks mixed at close of trade; DFM General up 0.38%

Published 11/13/2017, 06:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General up 0.38%

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

At the close in Dubai, the DFM General gained 0.38%, while the ADX General index declined 0.09%.

The best performers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 8.49% or 0.090 points to trade at 1.150 at the close. Meanwhile, Islamic Arab Insurance Company (DU:SALAMA) added 5.15% or 0.025 points to end at 0.510 and Amanat Holdings PJSC (DU:AMANT) was up 4.17% or 0.050 points to 1.250 in late trade.

The worst performers of the session were Arabtec Holding PJSC (DU:ARTC), which fell 2.28% or 0.060 points to trade at 2.570 at the close. Union Properties PJSC (DU:UPRO) declined 1.34% or 0.011 points to end at 0.810 and Dubai Investments PJSC (DU:DINV) was down 1.24% or 0.030 points to 2.390.

The top performers on the ADX General were Abd Nat Takafu (AD:TKFL) which rose 11.11% to 5.00, Ad Shipbldg Co (AD:ADSB) which was up 7.14% to settle at 2.250 and Al Khazna Ins (AD:AKIC) which gained 3.57% to close at 0.290.

The worst performers were Gulf Cement Co (AD:GCEM) which was down 5.88% to 0.9600 in late trade, Ad Natl Energy (AD:TAQA) which lost 3.17% to settle at 0.610 and Rak Cement Co (AD:RKCC) which was down 3.03% to 0.640 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 17 and 3 ended unchanged; on the Abu Dhabi, 13 fell and 10 advanced, while 7 ended unchanged.

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

Shares in Arabtec Holding PJSC (DU:ARTC) fell to 52-week lows; falling 2.28% or 0.060 to 2.570. Shares in Amanat Holdings PJSC (DU:AMANT) rose to all time highs; up 4.17% or 0.050 to 1.250. Shares in Rak Cement Co (AD:RKCC) fell to 3-years lows; down 3.03% or 0.020 to 0.640.

Crude oil for December delivery was up 0.05% or 0.03 to $56.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.09% or 0.06 to hit $63.46 a barrel, while the December Gold Futures contract rose 0.37% or 4.70 to trade at $1278.90 a troy ounce.

USD/AED was down 0.01% to 3.6730, while EUR/AED fell 0.15% to 4.2782.

The US Dollar Index Futures was up 0.17% at 94.46.

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.