Black Friday Sale! Save huge on InvestingProGet up to 60% off

United Arab Emirates shares lower at close of trade; DFM General down 0.97%

Published 09/08/2018, 09:15 pm
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 0.97%
DFMBK
-
DFMGI
-
DFMRE
-
AJBNK
-
DFM
-
DSI
-
WATANIA
-
GNAV
-
TKFE
-
DFMCSI
-
BILDCO
-
ADCB
-
ALDAR
-
FAB
-
NBQ
-
UNB
-
FTFADGI
-

Investing.com – United Arab Emirates equities were lower at the close on Thursday, as losses in the Consumer Staples, Banking and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General declined 0.97%, while the ADX General index declined 1.09%.

The biggest gainers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 3.17% or 0.030 points to trade at 0.977 at the close. Gulf Navigation Holding PJSC (DU:GNAV) added 1.28% or 0.012 points to end at 0.952 and Dubai Financial Market PJSC (DU:DFM) was up 1.14% or 0.011 points to 0.979 in late trade.

Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 9.93% or 0.055 points to trade at 0.499 in late trade. Takaful Emarat PSC (DU:TKFE) declined 4.02% or 0.080 points to end at 1.910 and Takaful House (DU:DTKF) shed 3.24% or 0.022 points to 0.658.

The top performers on the ADX General were Nat Bk Qaiwain (AD:NBQ) which rose 12.70% to 2.75, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 9.80% to settle at 0.560 and Union Natl Bk (AD:UNB) which gained 3.78% to close at 3.840.

The worst performers were Aldar Properti (AD:ALDR) which was down 2.53% to 1.930 in late trade, First Abu Dhabi Bank PJSC (AD:FAB) which lost 2.44% to settle at 14.00 and Ad Commercial (AD:ADCB) which was down 1.54% to 7.04 at the close.

Declining stocks outnumbered rising ones by 23 to 8 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 9 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.07% or 0.05 to $66.89 a barrel. Meanwhile, Brent oil for delivery in October rose 0.07% or 0.05 to hit $72.33 a barrel, while the December Gold Futures contract rose 0.10% or 1.20 to trade at $1222.20 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.14% to 4.2592.

The US Dollar Index Futures was up 0.15% at 95.09.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.