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United Arab Emirates stocks lower at close of trade; DFM General down 0.39%

Published 15/10/2015, 10:15 pm
© Reuters.  United Arab Emirates stocks lower at close of trade; DFM General down 0.39%

Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Real Estate & Construction, Transport and Telecoms sectors led shares lower.

At the close in Dubai, the DFM General lost 0.39%, while the ADX General index lost 0.57%.

The best performers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 5.20% or 0.033 points to trade at 0.668 at the close. Meanwhile, AJMAN BANK PJSC (DU:AJBNK) added 2.17% or 0.040 points to end at 1.840 and Amanat Holdings PJSC (DU:AMANT) was up 1.94% or 0.015 points to 0.790 in late trade.

The worst performers of the session were Gulf Navigation Holding PJSC (DU:GNAV), which fell 3.84% or 0.019 points to trade at 0.476 at the close. Takaful House (DU:DTKF) declined 2.99% or 0.017 points to end at 0.552 and Dubai Financial Market PJSC (DU:DFM) was down 1.69% or 0.030 points to 1.770.

The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 11.20% to 6.95, Agthia Group (AD:AGTH) which was up 2.73% to settle at 7.89 and Gulf Cement Co (AD:GCEM) which gained 2.02% to close at 1.01.

The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 5.50% to 5.15 in late trade, Arkan Bld Mt C (AD:ARKN) which lost 4.44% to settle at 0.86 and Rak Cement Co (AD:RKCC) which was down 3.41% to 0.850 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 0 to 0; on the Abu Dhabi Stock Exchange, 0 fell and 0 advanced.

Crude oil for November delivery was down 1.40% or 0.66 to $45.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.64% or 0.32 to hit $49.37 a barrel, while the December Gold contract rose 0.50% or 5.90 to trade at $1185.70 a troy ounce.

USD/AED was up 0.00% to 3.6731, while EUR/AED fell 0.27% to 4.2004.

The US Dollar Index was up 0.13% at 94.11.

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