Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

United Arab Emirates shares mixed at close of trade; DFM General up 0.35%

Published 17/05/2016, 12:15
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General up 0.35%
DFMBK
-
DFMGI
-
DFMRE
-
DFMTC
-
DFMTP
-
DFM
-
DSI
-
EMAR
-
GGIC
-
NCC
-
TKFE
-
DFMCSI
-
DFMSV
-
HAYAH
-
BILDCO
-
RAKPROP
-
FTFADGI
-
NCTH
-
ESHRAQ
-
FBI
-

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

At the close in Dubai, the DFM General gained 0.35%, while the ADX General index lost 0.46%.

The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 5.98% or 0.110 points to trade at 1.950 at the close. Emaar Properties PJSC (DU:EMAR) added 2.25% or 0.140 points to end at 6.370 and Dubai Financial Market PJSC (DU:DFM) was up 1.60% or 0.020 points to 1.270 in late trade.

Biggest losers included National Cement Company P.S.C. (DU:NCC), which lost 9.91% or 0.330 points to trade at 3.000 in late trade. Gulf General Investments Company (DU:GGIC) declined 3.06% or 0.019 points to end at 0.601 and Drake & Scull International PJSC (DU:DSI) shed 2.19% or 0.012 points to 0.535.

The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 12.82% to 0.880, Rak Properties (AD:RPRO) which was up 1.67% to settle at 0.610 and Eshraq Properties Co PJSC (AD:ESHR) which gained 1.30% to close at 0.7800.

The worst performers were National Corp Tourism Hotels (AD:NCTH) which was down 9.82% to 4.50 in late trade, Fujairah Building Industries Co PSC (AD:FBI) which lost 5.00% to settle at 1.14 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 2.13% to 0.460 at the close.

Declining stocks outnumbered rising ones by 19 to 11 and 3 ended unchanged; on the Abu Dhabi, 14 fell and 9 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.02% or 0.01 to $47.73 a barrel. Meanwhile, Brent oil for delivery in July fell 0.37% or 0.18 to hit $48.79 a barrel, while the June Gold contract fell 0.00% or 0.05 to trade at $1274.15 a troy ounce.

USD/AED was up 0.00% to 3.6731, while EUR/AED rose 0.00% to 4.1594.

The US Dollar Index was up 0.02% at 94.55.

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.