Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

United Arab Emirates shares mixed at close of trade; DFM General down 0.59%

Published 12/06/2018, 09:15 pm
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.59%
DFMGI
-
DFMIF
-
DFMIN
-
DFMRE
-
DFMTP
-
AJBNK
-
CBD
-
WATANIA
-
GGIC
-
TABR
-
TKFE
-
DFMCSI
-
DFMSV
-
AGTHIA
-
DANA
-
ADCB
-
WAHA
-
FTFADGI
-
GMPC
-
WATANIA
-

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

At the close in Dubai, the DFM General declined 0.59%, while the ADX General index added 0.02%.

The biggest gainers of the session on the DFM General were Gulf General Investments Company (DU:GGIC), which rose 5.52% or 0.016 points to trade at 0.306 at the close. Takaful Emarat PSC (DU:TKFE) added 4.00% or 0.080 points to end at 2.080 and National Central Cooling Co. (DU:TABR) was up 1.14% or 0.020 points to 1.770 in late trade.

Biggest losers included Commercial Bank of Dubai P.S.C. (DU:CBD), which lost 4.76% or 0.200 points to trade at 4.000 in late trade. AJMAN BANK PJSC (DU:AJBNK) declined 2.91% or 0.030 points to end at 1.000 and Takaful House (DU:DTKF) shed 2.88% or 0.020 points to 0.675.

The top performers on the ADX General were Waha Capital (AD:WAHA) which rose 2.25% to 1.820, Agthia Group (AD:AGTH) which was up 2.07% to settle at 4.94 and Ad Commercial (AD:ADCB) which gained 1.87% to close at 7.64.

The worst performers were Gulf Medical Projects Co PSC (AD:GMPC) which was down 10.00% to 1.62 in late trade, National Takaful Co PJSC (AD:WATA) which lost 2.67% to settle at 0.73 and Dana Gas (AD:DANA) which was down 1.83% to 1.070 at the close.

Declining stocks outnumbered rising ones by 26 to 5 and 8 ended unchanged; on the Abu Dhabi, 11 fell and 8 advanced, while 11 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.24% or 0.16 to $65.94 a barrel. Meanwhile, Brent oil for delivery in August fell 0.52% or 0.40 to hit $76.06 a barrel, while the August Gold Futures contract fell 0.13% or 1.70 to trade at $1301.50 a troy ounce.

USD/AED was down 0.01% to 3.6730, while EUR/AED rose 0.01% to 4.3289.

The US Dollar Index Futures was up 0.02% at 93.58.

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.