Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

United Arab Emirates stocks mixed at close of trade; DFM General up 0.76%

Stock MarketsAug 01, 2018 12:37PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. United Arab Emirates stocks mixed at close of trade; DFM General up 0.76%

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

At the close in Dubai, the DFM General added 0.76% to hit a new 1-month high, while the ADX General index fell 0.29%.

The best performers of the session on the DFM General were Emaar Malls (DU:EMAA), which rose 2.45% or 0.050 points to trade at 2.090 at the close. Meanwhile, Emaar Properties PJSC (DU:EMAR) added 1.70% or 0.090 points to end at 5.370 and Amanat Holdings PJSC (DU:AMANT) was up 1.67% or 0.020 points to 1.220 in late trade.

The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 3.51% or 0.080 points to trade at 2.200 at the close. Dubai Islamic Insurance Co. (DU:AMAN) declined 2.00% or 0.014 points to end at 0.685 and National General Insurance Co PSC (DU:NGIN) was down 1.95% or 0.04 points to 2.01.

The top performers on the ADX General were Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which rose 6.00% to 0.530, International Holding Company PJSC (AD:IHC) which was up 2.40% to settle at 1.28 and Dana Gas (AD:DANA) which gained 1.83% to close at 1.110.

The worst performers were Invest Bank AD (AD:INVB) which was down 10.00% to 2.250 in late trade, Natl Bk Of Rak (AD:RAKB) which lost 4.33% to settle at 4.20 and Methaq (AD:METH) which was down 3.75% to 0.770 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 18 to 14 and 6 ended unchanged; on the Abu Dhabi, 10 rose and 8 declined, while 8 ended unchanged.

Crude oil for September delivery was down 1.43% or 0.98 to $67.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.05% or 1.52 to hit $72.69 a barrel, while the August Gold Futures contract fell 0.49% or 6.00 to trade at $1217.70 a troy ounce.

USD/AED was down 0.00% to 3.6731, while EUR/AED fell 0.20% to 4.2843.

The US Dollar Index Futures was up 0.13% at 94.45.

United Arab Emirates stocks mixed at close of trade; DFM General up 0.76%
 

Related Articles

2 Potential Benefactors from Changing Job Market
2 Potential Benefactors from Changing Job Market By TipRanks - Sep 23, 2021

The job market is changing. Most of us are familiar with the labor shortage, and how professionals are prioritizing free time for less pay over 12-hour office days with lucrative...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email