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United Arab Emirates shares mixed at close of trade; DFM General down 0.15%

Published 19/09/2017, 12:15
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.15%
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Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Transport, Services and Telecoms sectors propelled shares higher while losses in the Consumer Staples, Real Estate & Construction and Banking sectors led shares lower.

At the close in Dubai, the DFM General fell 0.15% to hit a new 1-month high, while the ADX General index gained 0.25%.

The biggest gainers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 2.56% or 0.030 points to trade at 1.200 at the close. ARAMEX PJSC (DU:ARMX) added 2.04% or 0.100 points to end at 5.000 and Amanat Holdings PJSC (DU:AMANT) was up 1.77% or 0.020 points to 1.150 in late trade.

Biggest losers included DXB Entertainments (P.J.S.C.) (DU:DXBE), which lost 4.07% or 0.034 points to trade at 0.801 in late trade. Marka Pjse (DU:MARKA) declined 1.67% or 0.01 points to end at 0.71 and Arabtec Holding PJSC (DU:ARTC) shed 1.34% or 0.040 points to 2.940.

The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD:KICO) which rose 13.98% to 3.18, Abu Dhabi National Hotels Co (AD:ADNH) which was up 2.81% to settle at 2.93 and Bank Of Sharja (AD:BOS) which gained 1.67% to close at 1.220.

The worst performers were International Holding Company PJSC (AD:IHC) which was down 2.00% to 1.47 in late trade, Arkan Building Materials Co PJSC (AD:ARKN) which lost 1.49% to settle at 0.6600 and Ad Natl Energy (AD:TAQA) which was down 1.41% to 0.700 at the close.

Advancing stocks outnumbered falling ones by 15 to 13 and 5 ended unchanged; on the Abu Dhabi, 10 fell and 9 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.75% or 0.38 to $50.73 a barrel. Meanwhile, Brent oil for delivery in November rose 0.52% or 0.29 to hit $55.77 a barrel, while the December Gold Futures contract rose 0.08% or 1.02 to trade at $1311.82 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.29% to 4.4037.

The US Dollar Index Futures was down 0.15% at 91.67.

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