Investing.com – United Arab Emirates stocks were mixed after the close on Wednesday, as gains in the Consumer Staples, Insurance and Telecoms sectors led shares higher while losses in the Services, Finance & Investment and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General declined 0.15%, while the ADX General index gained 1.05%.
The best performers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 8.60% or 0.190 points to trade at 2.400 at the close. Meanwhile, Deyaar Development PJSC (DU:DEYR) added 6.61% or 0.031 points to end at 0.500 and SHUAA Capital PSC (DU:SHUA) was up 5.56% or 0.020 points to 0.380 in late trade.
The worst performers of the session were Takaful House (DU:DTKF), which fell 2.15% or 0.009 points to trade at 0.410 at the close. National Central Cooling Co. (DU:TABR) declined 1.94% or 0.020 points to end at 1.010 and Dubai Financial Market PJSC (DU:DFM) was down 1.75% or 0.020 points to 1.120.
The top performers on the ADX General were Rak Properties (AD:RPRO) which rose 14.29% to 0.560, Int Fish Farmi (AD:ASMK) which was up 13.64% to settle at 6.00 and Em Driving Co (AD:DRIV) which gained 9.09% to close at 6.00.
The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 10.00% to 4.41 in late trade, Ad Natl Ins Co (AD:ADNI) which lost 9.91% to settle at 1.91 and Gulf Pharm Ind (AD:GPHI) which was down 8.00% to 2.30 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 12 to 10 and 6 ended unchanged; on the Abu Dhabi Stock Exchange, 13 rose and 10 declined, while 9 ended unchanged.
Shares in Ad Natl Ins Co (AD:ADNI) fell to all time lows; down 9.91% or 0.21 to 1.91. Shares in Gulf Pharm Ind (AD:GPHI) fell to 3-years lows; falling 8.00% or 0.20 to 2.30.
Crude oil for March delivery was up 2.06% or 0.57 to $28.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.06% or 0.62 to hit $30.95 a barrel, while the April Gold contract fell 1.22% or 14.60 to trade at $1184.00 a troy ounce.
USD/AED was unchanged 0.00% to 3.6731, while EUR/AED fell 0.26% to 4.1372.
The US Dollar Index was up 0.09% at 96.13.