Investing.com – United Arab Emirates stocks were mixed after the close on Wednesday, as gains in the Consumer Staples, Finance & Investment and Real Estate & Construction sectors led shares higher while losses in the Telecoms, Banking and Services sectors led shares lower.
At the close in Dubai, the DFM General rose 0.97% to hit a new 1-month high, while the ADX General index fell 0.13%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 14.91% or 0.079 points to trade at 0.609 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 7.72% or 0.044 points to end at 0.614 and Dubai Parks and Resorts PJSC (DU:DUBA) was up 4.05% or 0.060 points to 1.540 in late trade.
The worst performers of the session were Commercial Bank of Dubai P.S.C. (DU:CBD), which fell 3.45% or 0.200 points to trade at 5.600 at the close. National Central Cooling Co. (DU:TABR) declined 2.86% or 0.040 points to end at 1.360 and AJMAN BANK PJSC (DU:AJBNK) was down 2.33% or 0.040 points to 1.680.
The top performers on the ADX General were Al Khazna Ins (AD:AKIC) which rose 13.89% to 0.410, Ad Commercial (AD:ADCB) which was up 2.75% to settle at 6.35 and Gulf Cement Co (AD:GCEM) which gained 2.35% to close at 0.8700.
The worst performers were Ad Aviation (AD:ADAV) which was down 5.86% to 2.730 in late trade, Bank Of Sharja (AD:BOS) which lost 4.76% to settle at 1.200 and Gulf Pharm Ind (AD:GPHI) which was down 1.79% to 2.200 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 23 to 7 and 4 ended unchanged; on the Abu Dhabi Stock Exchange, 14 rose and 11 declined, while 7 ended unchanged.
Shares in Dubai Parks and Resorts PJSC (DU:DUBA) rose to all time highs; rising 4.05% or 0.060 to 1.540. Shares in Bank Of Sharja (AD:BOS) fell to 3-years lows; down 4.76% or 0.060 to 1.200. Shares in Gulf Pharm Ind (AD:GPHI) fell to 3-years lows; falling 1.79% or 0.040 to 2.200.
Crude oil for August delivery was up 0.54% or 0.27 to $50.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.36% or 0.18 to hit $50.80 a barrel, while the August Gold contract fell 0.37% or 4.75 to trade at $1267.75 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.45% to 4.1501.
The US Dollar Index was down 0.37% at 93.81.