Investing.com – United Arab Emirates stocks were mixed after the close on Monday, as gains in the Services, Telecoms and Transport sectors led shares higher while losses in the Finance & Investment, Consumer Staples and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General declined 1.31%, while the ADX General index climbed 0.13%.
The best performers of the session on the DFM General were National Central Cooling Co. (DU:TABR), which rose 10.91% or 0.120 points to trade at 1.220 at the close. Meanwhile, Gulf Navigation Holding PJSC (DU:GNAV) added 4.33% or 0.025 points to end at 0.602 and SHUAA Capital PSC (DU:SHUA) was up 0.80% or 0.003 points to 0.380 in late trade.
The worst performers of the session were Mashreqbank PSC (DU:MASB), which fell 9.09% or 8.00 points to trade at 80.00 at the close. AJMAN BANK PJSC (DU:AJBNK) declined 4.59% or 0.100 points to end at 2.080 and Damac Properties Dubai Co PSC (DU:DAMAC) was down 3.75% or 0.09 points to 2.31.
The top performers on the ADX General were Commercial Bank International (AD:CBI) which rose 14.91% to 1.85, Invest Bank AD (AD:INVB) which was up 14.44% to settle at 2.06 and Abu Dhabi National Hotels Co (AD:ADNH) which gained 6.30% to close at 2.87.
The worst performers were Rak Cement Co (AD:RKCC) which was down 4.30% to 0.890 in late trade, Gulf Pharm Ind (AD:GPHI) which lost 3.85% to settle at 2.50 and Methaq (AD:METH) which was down 3.23% to 0.600 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 19 to 6; on the Abu Dhabi Stock Exchange, 14 rose and 13 declined.
Shares in Mashreqbank PSC (DU:MASB) fell to 52-week lows; losing 9.09% or 8.00 to 80.00. Shares in Gulf Navigation Holding PJSC (DU:GNAV) rose to 52-week highs; up 4.33% or 0.025 to 0.602.
Crude oil for February delivery was down 3.23% or 1.23 to $36.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.97% or 1.12 to hit $36.77 a barrel, while the February Gold contract fell 0.45% or 4.80 to trade at $1071.10 a troy ounce.
USD/AED was down 0.01% to 3.6728, while EUR/AED rose 0.05% to 4.0305.
The US Dollar Index was down 0.07% at 97.95.