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 0.43%

Published 11/12/2017, 06:15 AM
Updated 11/12/2017, 09:35 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General up 0.43%

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

At the close in Dubai, the DFM General rose 0.43%, while the ADX General index lost 0.06%.

The best performers of the session on the DFM General were National Central Cooling Co. (DU:TABR), which rose 2.04% or 0.040 points to trade at 2.000 at the close. Meanwhile, Dubai Financial Market PJSC (DU:DFM) added 1.82% or 0.020 points to end at 1.120 and Emirates NBD PJSC (DU:ENBD) was up 1.23% or 0.100 points to 8.250 in late trade.

The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 3.50% or 0.070 points to trade at 1.930 at the close. Islamic Arab Insurance Company (DU:SALAMA) declined 3.00% or 0.015 points to end at 0.485 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was down 2.59% or 0.017 points to 0.640.

The top performers on the ADX General were Ad Aviation (AD:ADAV) which rose 3.58% to 2.890, Union Natl Bk (AD:UNB) which was up 2.24% to settle at 4.100 and Sharjah Islami (AD:SIB) which gained 0.73% to close at 1.380.

The worst performers were Al Khazna Ins (AD:AKIC) which was down 6.67% to 0.280 in late trade, Arkan Building Materials Co PJSC (AD:ARKN) which lost 3.23% to settle at 0.6000 and Rak Properties (AD:RPRO) which was down 1.43% to 0.690 at the close.

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

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 19 to 13 and 7 ended unchanged; on the Abu Dhabi, 8 fell and 7 advanced, while 9 ended unchanged.

Shares in DXB Entertainments (P.J.S.C.) (DU:DXBE) fell to 52-week lows; losing 2.59% or 0.017 to 0.640.

Crude oil for December delivery was down 0.51% or 0.29 to $56.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.41% or 0.26 to hit $63.67 a barrel, while the December Gold Futures contract fell 0.96% or 12.37 to trade at $1275.13 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.22% to 4.2846.

The US Dollar Index Futures was down 0.13% at 94.30.

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.