Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Consumer Staples, Real Estate & Construction and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General added 0.52% to hit a new 1-month high, while the ADX General index climbed 0.90%.
The biggest gainers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 3.75% or 0.013 points to trade at 0.360 at the close. Deyaar Development PJSC (DU:DEYR) added 2.81% or 0.012 points to end at 0.439 and Drake & Scull International PJSC (DU:DSI) was up 2.57% or 0.009 points to 0.359 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 3.85% or 0.070 points to trade at 1.750 in late trade. Dubai Islamic Insurance Co. (DU:AMAN) declined 2.40% or 0.015 points to end at 0.610 and ARAMEX PJSC (DU:ARMX) shed 0.99% or 0.040 points to 4.000.
The top performers on the ADX General were Abu Dhabi National Hotels Co (AD:ADNH) which rose 6.67% to 3.20, Invest Bank AD (AD:INVB) which was up 6.38% to settle at 2.500 and Eshraq Properties Co PJSC (AD:ESHR) which gained 4.09% to close at 0.5850.
The worst performers were Rak Cmt & Cons (AD:RAKC) which was down 9.91% to 0.882 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.70% to settle at 1.49 and Agthia Group (AD:AGTH) which was down 9.21% to 4.04 at the close.
Advancing stocks outnumbered falling ones by 19 to 15 and 4 ended unchanged; on the Abu Dhabi, 11 fell and 10 advanced, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for November delivery was up 0.23% or 0.17 to $73.42 a barrel. Meanwhile, Brent oil for delivery in December rose 0.31% or 0.26 to hit $82.99 a barrel, while the December Gold Futures contract fell 0.52% or 6.20 to trade at $1190.00 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.01% to 4.2653.
The US Dollar Index Futures was down 0.08% at 94.72.