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United Arab Emirates stocks mixed at close of trade; DFM General up 0.96%

Stock MarketsSep 21, 2015 08:30AM ET
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© Reuters. United Arab Emirates stocks mixed at close of trade; DFM General up 0.96%

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

At the close in Dubai, the DFM General rose 0.96%, while the ADX General index lost 0.04%.

The best performers of the session on the DFM General were Emaar Properties PJSC (DU:EMAR), which rose 3.46% or 0.220 points to trade at 6.580 at the close. Meanwhile, AJMAN BANK PJSC (DU:AJBNK) added 3.33% or 0.060 points to end at 1.860 and Dubai Financial Market PJSC (DU:DFM) was up 2.41% or 0.040 points to 1.700 in late trade.

The worst performers of the session were Emirates NBD PJSC (DU:ENBD), which fell 2.67% or 0.240 points to trade at 8.750 at the close. SHUAA Capital PSC (DU:SHUA) declined 2.13% or 0.013 points to end at 0.597 and Air Arabia PJSC (DU:AIRA) was down 1.40% or 0.020 points to 1.410.

The top performers on the ADX General were Rak Properties (AD:RPRO) which rose 5.08% to 0.620, Gulf Pharm Ind (AD:GPHI) which was up 2.78% to settle at 2.59 and Emirates Telec (AD:ETEL) which gained 0.71% to close at 14.20.

The worst performers were Int Fish Farmi (AD:ASMK) which was down 9.37% to 6.40 in late trade, Agthia Group (AD:AGTH) which lost 7.18% to settle at 7.88 and National Corp Tourism Hotels (AD:NCTH) which was down 5.00% to 3.80 at the close.

Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 16 to 8 and 1 ended unchanged; on the Abu Dhabi Stock Exchange, 14 fell and 10 advanced, while 1 ended unchanged.

Shares in National Corp Tourism Hotels (AD:NCTH) fell to 52-week lows; losing 5.00% or 0.20 to 3.80.

Crude oil for November delivery was up 2.63% or 1.19 to $46.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.33% or 1.10 to hit $48.58 a barrel, while the December Gold contract fell 0.46% or 5.20 to trade at $1132.60 a troy ounce.

USD/AED was down 0.00% to 3.6726, while EUR/AED fell 0.53% to 4.1298.

The US Dollar Index was up 0.34% at 95.68.

United Arab Emirates stocks mixed at close of trade; DFM General up 0.96%
 

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