Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Services, Consumer Staples and Telecoms sectors propelled shares higher.
At the close in Dubai, the DFM General added 1.37%, while the ADX General index added 0.38%.
The biggest gainers of the session on the DFM General were National Central Cooling Co. (DU:TABR), which rose 5.38% or 0.100 points to trade at 1.960 at the close. Dubai Financial Market PJSC (DU:DFM) added 4.00% or 0.050 points to end at 1.300 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was up 3.96% or 0.040 points to 1.050 in late trade.
Biggest losers included National Cement Company P.S.C. (DU:NCC), which lost 9.83% or 0.350 points to trade at 3.210 in late trade. AJMAN BANK PJSC (DU:AJBNK) declined 0.75% or 0.010 points to end at 1.320 and ARAMEX PJSC (DU:ARMX) shed 0.20% or 0.010 points to 5.070.
The top performers on the ADX General were National Bank of Fujairah PJSC (AD:NBF) which rose 15.00% to 3.45, Ad Natl Energy (AD:TAQA) which was up 9.62% to settle at 0.570 and Sharjah Cement AD (AD:SCID) which gained 5.94% to close at 1.070.
The worst performers were Ad Natl Ins Co (AD:ADNI) which was down 9.66% to 2.900 in late trade, Abu Dhabi National Hotels Co (AD:ADNH) which lost 4.46% to settle at 3.00 and Waha Capital (AD:WAHA) which was down 3.06% to 1.900 at the close.
Advancing stocks outnumbered falling ones by 27 to 7 and 3 ended unchanged; on the Abu Dhabi, 11 rose and 9 declined, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was up 0.06% or 0.03 to $50.63 a barrel. Meanwhile, Brent oil for delivery in June fell 0.06% or 0.03 to hit $53.50 a barrel, while the June Gold Futures contract fell 0.32% or 4.05 to trade at $1247.15 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.07% to 3.9124.
The US Dollar Index Futures was up 0.06% at 100.48.