Investing.com – United Arab Emirates equities were mixed at the close on Wednesday, as gains in the Services, Telecoms and Banking sectors propelled shares higher while losses in the Consumer Staples, Real Estate & Construction and Transport sectors led shares lower.
At the close in Dubai, the DFM General fell 0.26% to hit a new 1-month low, while the ADX General index climbed 0.15%.
The biggest gainers of the session on the DFM General were Mashreqbank PSC (DU:MASB), which rose 10.73% or 6.95 points to trade at 71.75 at the close. National Central Cooling Co. (DU:TABR) added 6.45% or 0.100 points to end at 1.650 and Commercial Bank of Dubai P.S.C. (DU:CBD) was up 6.12% or 0.300 points to 5.200 in late trade.
Biggest losers included National Cement Company P.S.C. (DU:NCC), which lost 10.00% or 0.320 points to trade at 2.880 in late trade. Takaful House (DU:DTKF) declined 1.90% or 0.020 points to end at 1.030 and Dubai Parks and Resorts PJSC (DU:DUBA) shed 1.83% or 0.030 points to 1.610.
The top performers on the ADX General were Agthia Group (AD:AGTH) which rose 4.02% to 5.95, Rak Properties (AD:RPRO) which was up 1.69% to settle at 0.600 and First Gulf Bk (AD:FGB) which gained 1.27% to close at 11.95.
The worst performers were Abu Dhabi National Hotels Co (AD:ADNH) which was down 9.80% to 3.13 in late trade, Al Khazna Ins (AD:AKIC) which lost 9.30% to settle at 0.390 and Ad Shipbldg Co (AD:ADSB) which was down 9.18% to 2.670 at the close.
Declining stocks outnumbered rising ones by 18 to 16 and 5 ended unchanged; on the Abu Dhabi, 11 fell and 9 advanced, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for November delivery was up 2.20% or 0.97 to $45.02 a barrel. Meanwhile, Brent oil for delivery in November rose 1.98% or 0.91 to hit $46.79 a barrel, while the December Gold contract rose 0.47% or 6.25 to trade at $1324.45 a troy ounce.
USD/AED was up 0.00% to 3.6731, while EUR/AED fell 0.07% to 4.0940.
The US Dollar Index was down 0.03% at 95.94.