Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Real Estate & Construction, Services and Banking sectors propelled shares higher while losses in the Telecoms, Insurance and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General gained 0.33%, while the ADX General index declined 0.10%.
The biggest gainers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 6.25% or 0.023 points to trade at 0.391 at the close. Union Properties PJSC (DU:UPRO) added 3.73% or 0.031 points to end at 0.861 and Takaful House (DU:DTKF) was up 2.83% or 0.030 points to 1.090 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 5.05% or 0.110 points to trade at 2.070 in late trade. Emirate Integrated Telecom Co PJSC (DU:DU) declined 2.82% or 0.160 points to end at 5.510 and Arabtec Holding PJSC (DU:ARTC) shed 1.21% or 0.040 points to 3.270.
The top performers on the ADX General were Gulf Medical Projects Co PSC (AD:GMPC) which rose 13.21% to 2.40, Sharjah Cement AD (AD:SCID) which was up 6.06% to settle at 1.050 and Ad Shipbldg Co (AD:ADSB) which gained 4.55% to close at 2.300.
The worst performers were Invest Bank AD (AD:INVB) which was down 5.26% to 2.520 in late trade, Dana Gas (AD:DANA) which lost 3.23% to settle at 0.600 and Rak Cement Co (AD:RKCC) which was down 2.60% to 0.750 at the close.
Advancing stocks outnumbered falling ones by 18 to 16 and 3 ended unchanged; on the Abu Dhabi, 13 rose and 8 declined, while 9 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.32% or 0.15 to $46.63 a barrel. Meanwhile, Brent oil for delivery in October fell 0.14% or 0.07 to hit $50.20 a barrel, while the December Gold Futures contract rose 0.63% or 8.11 to trade at $1291.01 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.58% to 4.2970.
The US Dollar Index Futures was up 0.42% at 93.80.