NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

United Arab Emirates shares lower at close of trade; DFM General down 0.79%

Published 22/10/2017, 12:15
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 0.79%
DFMGI
-
DFMRE
-
DFMTP
-
CBD
-
DNIN
-
EMAR
-
GNAV
-
TABR
-
DFMCSI
-
INVESTB
-
UCC
-
BILDCO
-
ADSB
-
METHAQ
-
APEX
-
FTFADGI
-
MARKA
-

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Transport, Consumer Staples and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General declined 0.79%, while the ADX General index declined 0.16%.

The biggest gainers of the session on the DFM General were Dubai National Insurance (DU:DNIN), which rose 4.65% or 0.140 points to trade at 3.150 at the close. National Central Cooling Co. (DU:TABR) added 1.43% or 0.030 points to end at 2.130 and Marka Pjse (DU:MARKA) was up 1.19% or 0.01 points to 0.68 in late trade.

Biggest losers included Commercial Bank of Dubai P.S.C. (DU:CBD), which lost 2.50% or 0.100 points to trade at 3.900 in late trade. Gulf Navigation Holding PJSC (DU:GNAV) declined 2.10% or 0.030 points to end at 1.400 and Emaar Properties PJSC (DU:EMAR) shed 2.06% or 0.180 points to 8.570.

The top performers on the ADX General were Union Cement (AD:UCC) which rose 10.32% to 1.390, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 4.26% to settle at 0.490 and Methaq (AD:METH) which gained 2.38% to close at 0.860.

The worst performers were Invest Bank AD (AD:INVB) which was down 8.33% to 2.200 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 5.06% to settle at 2.250 and Rak Cement Co (AD:RKCC) which was down 3.95% to 0.730 at the close.

Declining stocks outnumbered rising ones by 20 to 12 and 8 ended unchanged; on the Abu Dhabi, 9 fell and 8 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for December delivery was unchanged 0.00% or 0.00 to $51.84 a barrel. Meanwhile, Brent oil for delivery in December rose 1.17% or 0.67 to hit $57.90 a barrel, while the December Gold Futures contract fell 0.59% or 7.58 to trade at $1282.42 a troy ounce.

USD/AED was unchanged 0.00% to 3.6729, while EUR/AED fell 0.63% to 4.3267.

The US Dollar Index Futures was up 0.61% at 93.57.

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.