🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

United Arab Emirates shares mixed at close of trade; DFM General down 0.18%

Published 19/04/2018, 12:15
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.18%
DFMBK
-
DFMGI
-
DFMIF
-
DFMIN
-
DFMTP
-
ARTC
-
DINV
-
DISB
-
DFMCSI
-
DFMSV
-
IHC
-
INVESTB
-
BILDCO
-
GCEM
-
NBQ
-
FTFADGI
-
MARKA
-
DXBE
-
UNION
-
EMAARDEV
-

Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Finance & Investment, Services and Insurance sectors propelled shares higher while losses in the Consumer Staples, Banking and Transport sectors led shares lower.

At the close in Dubai, the DFM General lost 0.18%, while the ADX General index added 0.52%.

The biggest gainers of the session on the DFM General were Marka Pjse (DU:MARKA), which rose 3.45% or 0.01 points to trade at 0.33 at the close. Emaar Development PJSC (DU:EMAARDEV) added 2.04% or 0.110 points to end at 5.510 and Dubai Investments PJSC (DU:DINV) was up 1.94% or 0.040 points to 2.100 in late trade.

Biggest losers included Dubai Islamic Bank (DU:DISB), which lost 1.98% or 0.110 points to trade at 5.440 in late trade. Arabtec Holding PJSC (DU:ARTC) declined 1.83% or 0.040 points to end at 2.140 and DXB Entertainments (P.J.S.C.) (DU:DXBE) shed 1.81% or 0.008 points to 0.435.

The top performers on the ADX General were Nat Bk Qaiwain (AD:NBQ) which rose 10.07% to 2.95, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 8.00% to settle at 0.540 and Invest Bank AD (AD:INVB) which gained 4.00% to close at 2.340.

The worst performers were Union Insurance Co PSC (AD:UNIN) which was down 7.33% to 1.39 in late trade, International Holding Company PJSC (AD:IHC) which lost 4.17% to settle at 1.38 and Gulf Cement Co (AD:GCEM) which was down 3.70% to 1.0400 at the close.

Declining stocks outnumbered rising ones by 17 to 12 and 7 ended unchanged; on the Abu Dhabi, 11 fell and 11 advanced, while 10 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.88% or 0.60 to $69.07 a barrel. Meanwhile, Brent oil for delivery in June rose 1.01% or 0.74 to hit $74.22 a barrel, while the June Gold Futures contract fell 0.24% or 3.20 to trade at $1350.30 a troy ounce.

USD/AED was down 0.01% to 3.6729, while EUR/AED fell 0.08% to 4.5423.

The US Dollar Index Futures was up 0.04% at 89.39.

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.