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United Arab Emirates shares mixed at close of trade; DFM General down 0.09%

Published 23/09/2018, 12:15
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.09%
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Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Consumer Staples, Telecoms and Banking sectors propelled shares higher while losses in the Services, Insurance and Transport sectors led shares lower.

At the close in Dubai, the DFM General declined 0.09%, while the ADX General index climbed 0.18%.

The biggest gainers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 1.94% or 0.007 points to trade at 0.367 at the close. Takaful House (DU:DTKF) added 1.12% or 0.007 points to end at 0.630 and AJMAN BANK PJSC (DU:AJBNK) was up 1.06% or 0.010 points to 0.951 in late trade.

Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 4.97% or 0.090 points to trade at 1.720 in late trade. SHUAA Capital PSC (DU:SHUA) declined 3.81% or 0.040 points to end at 1.010 and Amanat Holdings PJSC (DU:AMANT) shed 3.28% or 0.040 points to 1.180.

The top performers on the ADX General were Agthia Group (AD:AGTH) which rose 2.73% to 4.89, Rak Ceramics (AD:RKCE) which was up 2.67% to settle at 2.310 and Waha Capital (AD:WAHA) which gained 1.63% to close at 1.870.

The worst performers were Rak Cmt & Cons (AD:RAKC) which was down 10.00% to 0.855 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.85% to settle at 1.83 and Dana Gas (AD:DANA) which was down 1.74% to 1.130 at the close.

Declining stocks outnumbered rising ones by 19 to 14 and 3 ended unchanged; on the Abu Dhabi, 13 rose and 8 declined, while 3 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.57% or 0.40 to $70.72 a barrel. Meanwhile, Brent oil for delivery in December unchanged 0.00% or 0.00 to hit $78.24 a barrel, while the December Gold Futures contract fell 0.65% or 7.90 to trade at $1203.40 a troy ounce.

USD/AED was down 0.01% to 3.6730, while EUR/AED fell 0.23% to 4.3163.

The US Dollar Index Futures was up 0.34% at 93.79.

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