Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Consumer Staples, Insurance and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General gained 0.55% to hit a new 1-month high, while the ADX General index gained 0.64%.
The biggest gainers of the session on the DFM General were Deyaar Development PJSC (DU:DEYR), which rose 2.86% or 0.015 points to trade at 0.540 at the close. Islamic Arab Insurance Company (DU:SALAMA) added 2.45% or 0.013 points to end at 0.544 and Takaful House (DU:DTKF) was up 2.16% or 0.020 points to 0.945 in late trade.
Biggest losers included Gulf Navigation Holding PJSC (DU:GNAV), which lost 3.23% or 0.040 points to trade at 1.200 in late trade. Union Properties PJSC (DU:UPRO) declined 1.96% or 0.020 points to end at 1.000 and National Central Cooling Co. (DU:TABR) shed 1.58% or 0.030 points to 1.870.
The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 14.10% to 0.890, Ad Natl Ins Co (AD:ADNI) which was up 10.29% to settle at 3.750 and Union Cement (AD:UCC) which gained 5.19% to close at 1.420.
The worst performers were Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 2.33% to 0.420 in late trade, Rak Cement Co (AD:RKCC) which lost 1.41% to settle at 0.700 and Union Natl Bk (AD:UNB) which was down 1.28% to 3.850 at the close.
Advancing stocks outnumbered falling ones by 23 to 10 and 9 ended unchanged; on the Abu Dhabi, 20 rose and 7 declined, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.59% or 0.36 to $61.80 a barrel. Meanwhile, Brent oil for delivery in March rose 0.28% or 0.19 to hit $67.81 a barrel, while the February Gold Futures contract fell 0.07% or 0.90 to trade at $1321.40 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.19% to 4.4102.
The US Dollar Index Futures was up 0.17% at 91.91.