Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Services, Telecoms and Real Estate & Construction sectors propelled shares higher.
At the close in Dubai, the DFM General rose 1.80% to hit a new 3-month high, while the ADX General index added 1.88%.
The biggest gainers of the session on the DFM General were Marka Pjse (DU:MARKA), which rose 9.09% or 0.10 points to trade at 1.20 at the close. Amanat Holdings PJSC (DU:AMANT) added 5.66% or 0.050 points to end at 0.933 and Union Properties PJSC (DU:UPRO) was up 4.85% or 0.050 points to 1.080 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 2.06% or 0.050 points to trade at 2.380 in late trade. Takaful House (DU:DTKF) declined 1.74% or 0.016 points to end at 0.904 and Dubai Islamic Insurance Co. (DU:AMAN) shed 1.70% or 0.009 points to 0.521.
The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 13.46% to 0.590, Int Fish Farmi (AD:ASMK) which was up 10.39% to settle at 1.70 and Fujairah Cement Industries Co PSC (AD:FCI) which gained 9.68% to close at 1.02.
The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 7.72% to 2.630 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which lost 5.00% to settle at 0.570 and Bank Of Sharja (AD:BOS) which was down 3.65% to 1.320 at the close.
Advancing stocks outnumbered falling ones by 24 to 10 and 6 ended unchanged; on the Abu Dhabi, 20 rose and 9 declined, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for January delivery was up 1.19% or 0.59 to $50.36 a barrel. Meanwhile, Brent oil for delivery in February rose 1.30% or 0.69 to hit $53.69 a barrel, while the February Gold contract rose 0.06% or 0.75 to trade at $1178.25 a troy ounce.
USD/AED was unchanged 0.00% to 3.6731, while EUR/AED rose 0.38% to 3.9638.
The US Dollar Index was down 0.34% at 99.94.