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United Arab Emirates shares mixed at close of trade; DFM General up 0.44%

Published 19/08/2018, 09:15 pm
United Arab Emirates shares mixed at close of trade; DFM General up 0.44%
DFMBK
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DFMGI
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DFMIF
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DFMIN
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DFMTC
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AJBNK
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DU
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ENBD
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DFMCSI
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AMLK
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FH
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IHC
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AGTHIA
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BILDCO
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EMSTEEL
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METHAQ
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FTFADGI
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AMANT
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DXBE
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Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Consumer Staples, Banking and Insurance sectors propelled shares higher while losses in the Services, Telecoms and Finance & Investment sectors led shares lower.

At the close in Dubai, the DFM General added 0.44%, while the ADX General index lost 0.45%.

The biggest gainers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 3.30% or 0.030 points to trade at 0.940 at the close. DXB Entertainments (P.J.S.C.) (DU:DXBE) added 2.34% or 0.008 points to end at 0.350 and Emirates NBD PJSC (DU:ENBD) was up 2.25% or 0.200 points to 9.100 in late trade.

Biggest losers included Amanat Holdings PJSC (DU:AMANT), which lost 8.62% or 0.100 points to trade at 1.060 in late trade. Emirate Integrated Telecom Co PJSC (DU:DU) declined 1.36% or 0.070 points to end at 5.060 and Amlak Finance PJSC (DU:AMLK) shed 1.21% or 0.008 points to 0.654.

The top performers on the ADX General were Finance House (AD:FH) which rose 9.80% to 1.680, Arkan Building Materials Co PJSC (AD:ARKN) which was up 3.45% to settle at 0.6000 and Methaq (AD:METH) which gained 2.74% to close at 0.750.

The worst performers were International Holding Company PJSC (AD:IHC) which was down 6.40% to 1.17 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which lost 5.77% to settle at 0.490 and Agthia Group (AD:AGTH) which was down 5.24% to 4.70 at the close.

Advancing stocks outnumbered falling ones by 17 to 11 and 5 ended unchanged; on the Abu Dhabi, 9 fell and 8 advanced, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was unchanged 0.00% or 0.00 to $65.21 a barrel. Meanwhile, Brent oil for delivery in October rose 0.52% or 0.37 to hit $71.80 a barrel, while the December Gold Futures contract rose 0.66% or 7.80 to trade at $1191.80 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.57% to 4.2026.

The US Dollar Index Futures was down 0.50% at 96.00.

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