Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

United Arab Emirates shares mixed at close of trade; DFM General down 0.37%

Published 04/11/2018, 11:15
Updated 04/11/2018, 11:25
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.37%
DFMGI
-
DFMIF
-
DFMIN
-
DFMRE
-
DFMTP
-
AJBNK
-
AMAN
-
GGIC
-
TABR
-
ORDS
-
DFMCSI
-
DFMSV
-
RAKWCT
-
FTFADGI
-
AMANT
-
ADNH
-
FBI
-
UNION
-
NBF
-
EMAARDEV
-

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

At the close in Dubai, the DFM General lost 0.37%, while the ADX General index gained 0.38%.

The biggest gainers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 1.87% or 0.017 points to trade at 0.927 at the close. Emaar Development PJSC (DU:EMAARDEV) added 1.23% or 0.060 points to end at 4.920 and Dubai Islamic Insurance Co. (DU:AMAN) was up 1.12% or 0.007 points to 0.633 in late trade.

Biggest losers included Amanat Holdings PJSC (DU:AMANT), which lost 4.27% or 0.050 points to trade at 1.120 in late trade. Gulf General Investments Company (DU:GGIC) declined 2.44% or 0.006 points to end at 0.240 and National Central Cooling Co. (DU:TABR) shed 2.37% or 0.040 points to 1.650.

The top performers on the ADX General were National Bank of Fujairah PJSC (AD:NBF) which rose 14.86% to 3.40, Rak Cmt & Cons (AD:RAKC) which was up 14.81% to settle at 0.930 and Abu Dhabi National Hotels Co (AD:ADNH) which gained 14.29% to close at 4.00.

The worst performers were Ooredoo QSC (AD:ORDS) which was down 10.00% to 63.00 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.77% to settle at 1.20 and Fujairah Building Industries Co PSC (AD:FBI) which was down 9.62% to 1.41 at the close.

Declining stocks outnumbered rising ones by 16 to 11 and 6 ended unchanged; on the Abu Dhabi, 0 fell and 0 advanced on the Dubai Stock Exchange.

In commodities trading, Crude oil for December delivery was down 1.30% or 0.83 to $62.86 a barrel. Meanwhile, Brent oil for delivery in January fell 0.44% or 0.32 to hit $72.57 a barrel, while the December Gold Futures contract fell 0.11% or 1.40 to trade at $1234.60 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.18% to 4.1830.

The US Dollar Index Futures was up 0.22% at 96.29.

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.