🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

United Arab Emirates shares mixed at close of trade; DFM General down 0.17%

Published 29/05/2018, 09:15 pm
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.17%
DFMBK
-
DFMGI
-
DFMIF
-
DFMIN
-
DFMTP
-
DISB
-
WATANIA
-
GGIC
-
GNAV
-
SALAMA
-
DFMCSI
-
DFMSV
-
IHC
-
METHAQ
-
TAQA
-
WAHA
-
FTFADGI
-
DAMAC
-
ADNH
-
ARAM
-

Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Finance & Investment, Services and Banking sectors propelled shares higher while losses in the Transport, Consumer Staples and Insurance sectors led shares lower.

At the close in Dubai, the DFM General declined 0.17%, while the ADX General index gained 0.61%.

The biggest gainers of the session on the DFM General were Takaful House (DU:DTKF), which rose 2.72% or 0.018 points to trade at 0.680 at the close. Dubai Islamic Bank (DU:DISB) added 1.05% or 0.050 points to end at 4.790 and Damac Properties Dubai Co PSC (DU:DAMAC) was up 0.84% or 0.020 points to 2.390 in late trade.

Biggest losers included Islamic Arab Insurance Company (DU:SALAMA), which lost 2.90% or 0.013 points to trade at 0.435 in late trade. Gulf General Investments Company (DU:GGIC) declined 2.17% or 0.006 points to end at 0.270 and Gulf Navigation Holding PJSC (DU:GNAV) shed 1.94% or 0.020 points to 1.010.

The top performers on the ADX General were Sharjah Group Co (AD:SG) which rose 13.04% to 1.30, Abu Dhabi National Hotels Co (AD:ADNH) which was up 5.28% to settle at 2.79 and Ad Natl Energy (AD:TAQA) which gained 1.64% to close at 1.240.

The worst performers were Methaq (AD:METH) which was down 6.17% to 0.760 in late trade, International Holding Company PJSC (AD:IHC) which lost 3.68% to settle at 1.31 and Waha Capital (AD:WAHA) which was down 1.71% to 1.720 at the close.

Declining stocks outnumbered rising ones by 20 to 9 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 7 advanced, while 8 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was down 1.38% or 0.94 to $66.94 a barrel. Meanwhile, Brent oil for delivery in August rose 0.65% or 0.49 to hit $75.81 a barrel, while the June Gold Futures contract fell 0.05% or 0.70 to trade at $1303.00 a troy ounce.

USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.73% to 4.2385.

The US Dollar Index Futures was up 0.53% at 94.86.

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.