Investing.com – United Arab Emirates stocks were higher after the close on Sunday, as gains in the Real Estate & Construction, Finance & Investment and Consumer Staples sectors led shares higher.
At the close in Dubai, the DFM General added 5.07%, while the ADX General index climbed 2.76%.
The best performers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 11.11% or 0.140 points to trade at 1.400 at the close. Meanwhile, Arabtec Holding PJSC (DU:ARTC) added 10.00% or 0.110 points to end at 1.210 and Emaar Malls Group (DU:EMAA) was up 9.41% or 0.19 points to 2.21 in late trade.
The worst performers of the session were Takaful House (DU:DTKF), which fell 4.50% or 0.018 points to trade at 0.382 at the close. AJMAN BANK PJSC (DU:AJBNK) declined 3.64% or 0.080 points to end at 2.120 and Gulf General Investments Company (DU:GGIC) was down 2.59% or 0.015 points to 0.565.
The top performers on the ADX General were Em Driving Co (AD:DRIV) which rose 14.29% to 5.20, Rak Cement Co (AD:RKCC) which was up 11.69% to settle at 0.860 and Ad Shipbldg Co (AD:ADSB) which gained 10.27% to close at 2.90.
The worst performers were Ad Aviation (AD:ADAV) which was unchanged 0.00% to 2.74 in late trade, Finance House (AD:FH) which unchanged 0.00% to settle at 1.98 and Emirates Ins C (AD:EIC) which was unchanged 0.00% to 6.72 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 23 to 3; on the Abu Dhabi Stock Exchange, 22 rose and 1 declined, while 2 ended unchanged.
Shares in Takaful House (DU:DTKF) fell to all time lows; losing 4.50% or 0.018 to 0.382. Shares in Finance House (AD:FH) unchanged to all time lows; unchanged 0.00% or 0.00 to 1.98. Shares in Emirates Ins C (AD:EIC) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 6.72.
Crude oil for March delivery was up 9.21% or 2.72 to $32.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April unchanged 0.00% or 0.00 to hit $32.84 a barrel, while the February Gold contract fell 0.01% or 0.10 to trade at $1098.10 a troy ounce.
USD/AED was down 0.01% to 3.6725, while EUR/AED fell 0.76% to 3.9655.
The US Dollar Index was up 0.46% at 99.60.