Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Consumer Staples, Banking and Transport sectors propelled shares higher while losses in the Finance & Investment, Insurance and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General gained 1.28%, while the ADX General index fell 0.12%.
The biggest gainers of the session on the DFM General were Dubai Parks and Resorts PJSC (DU:DUBA), which rose 6.72% or 0.090 points to trade at 1.430 at the close. Emirates NBD PJSC (DU:ENBD) added 3.53% or 0.290 points to end at 8.500 and Commercial Bank of Dubai P.S.C. (DU:CBD) was up 1.78% or 0.100 points to 5.720 in late trade.
Biggest losers included Gulf General Investments Company (DU:GGIC), which lost 2.46% or 0.015 points to trade at 0.595 in late trade. Arabtec Holding PJSC (DU:ARTC) declined 2.07% or 0.030 points to end at 1.420 and Dubai Islamic Insurance Co. (DU:AMAN) shed 1.76% or 0.010 points to 0.558.
The top performers on the ADX General were Abu Dhabi National Hotels Co (AD:ADNH) which rose 2.19% to 2.80, Dana Gas (AD:DANA) which was up 1.89% to settle at 0.540 and Rak Cement Co (AD:RKCC) which gained 1.27% to close at 0.800.
The worst performers were Gulf Medical Projects Co PSC (AD:GMPC) which was down 3.75% to 2.31 in late trade, Natl Bk Of Ad (AD:NBAD) which lost 2.79% to settle at 8.01 and Methaq (AD:METH) which was down 2.38% to 0.820 at the close.
Declining stocks outnumbered rising ones by 15 to 14 and 6 ended unchanged; on the Abu Dhabi, 11 rose and 10 declined, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for July delivery was up 0.59% or 0.29 to $49.85 a barrel. Meanwhile, Brent oil for delivery in July rose 0.74% or 0.37 to hit $50.11 a barrel, while the June Gold contract rose 0.44% or 5.40 to trade at $1229.20 a troy ounce.
USD/AED was down 0.01% to 3.6728, while EUR/AED rose 0.25% to 4.1073.
The US Dollar Index was down 0.19% at 95.22.