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

United Arab Emirates stocks mixed at close of trade; DFM General up 0.92%

Published 04/18/2017, 07:15 AM
Updated 04/18/2017, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General up 0.92%

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

At the close in Dubai, the DFM General added 0.92%, while the ADX General index declined 1.11%.

The best performers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 3.53% or 0.015 points to trade at 0.440 at the close. Meanwhile, Emaar Properties PJSC (DU:EMAR) added 3.32% or 0.240 points to end at 7.470 and Islamic Arab Insurance Company (DU:SALAMA) was up 2.97% or 0.013 points to 0.450 in late trade.

The worst performers of the session were ARAMEX PJSC (DU:ARMX), which fell 1.48% or 0.080 points to trade at 5.320 at the close. Dubai Islamic Insurance Co. (DU:AMAN) declined 1.09% or 0.009 points to end at 0.819 and Amanat Holdings PJSC (DU:AMANT) was down 0.92% or 0.010 points to 1.080.

The top performers on the ADX General were Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) which rose 8.39% to 1.5500, Natl Bk Of Rak (AD:RAKB) which was up 4.35% to settle at 4.80 and Gulf Cement Co (AD:GCEM) which gained 3.92% to close at 1.0600.

The worst performers were Int Fish Farmi (AD:ASMK) which was down 4.57% to 1.67 in late trade, Gulf Pharm Ind (AD:GPHI) which lost 4.08% to settle at 2.350 and Waha Capital (AD:WAHA) which was down 2.17% to 1.800 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 20 to 9 and 8 ended unchanged; on the Abu Dhabi, 11 rose and 10 declined, while 6 ended unchanged.

Shares in Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) rose to 3-years highs; up 8.39% or 0.1200 to 1.5500.

Crude oil for May delivery was down 0.74% or 0.39 to $52.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.87% or 0.48 to hit $54.88 a barrel, while the June Gold Futures contract fell 0.42% or 5.40 to trade at $1286.50 a troy ounce.

USD/AED was up 0.01% to 3.6731, while EUR/AED rose 0.26% to 3.9175.

The US Dollar Index Futures was down 0.22% at 99.98.

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.