Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

United Arab Emirates shares mixed at close of trade; DFM General up 1.18%

Published 10/10/2018, 10:15 pm
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General up 1.18%
DFMBK
-
DFMGI
-
DFMIF
-
DFMIN
-
DFMRE
-
DFMTC
-
AJBNK
-
AMAN
-
DSI
-
TABR
-
UPRO
-
DFMCSI
-
IHC
-
EMSTEEL
-
DANA
-
RAKPROP
-
TAQA
-
FTFADGI
-
DAMAC
-
ESHRAQ
-

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

At the close in Dubai, the DFM General added 1.18%, while the ADX General index declined 0.12%.

The biggest gainers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 4.81% or 0.028 points to trade at 0.610 at the close. Damac Properties Dubai Co PSC (DU:DAMAC) added 3.57% or 0.070 points to end at 2.030 and National Central Cooling Co. (DU:TABR) was up 3.23% or 0.050 points to 1.600 in late trade.

Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 2.64% or 0.011 points to trade at 0.405 in late trade. AJMAN BANK PJSC (DU:AJBNK) declined 2.11% or 0.020 points to end at 0.930 and Union Properties PJSC (DU:UPRO) shed 1.33% or 0.009 points to 0.667.

The top performers on the ADX General were Arkan Building Materials Co PJSC (AD:ARKN) which rose 1.92% to 0.5300, Ad Natl Energy (AD:TAQA) which was up 0.88% to settle at 1.140 and Rak Properties (AD:RPRO) which gained 0.66% to close at 0.615.

The worst performers were Eshraq Properties Co PJSC (AD:ESHR) which was down 1.56% to 0.5680 in late trade, Dana Gas (AD:DANA) which lost 0.86% to settle at 1.150 and International Holding Company PJSC (AD:IHC) which was down 0.84% to 1.18 at the close.

Declining stocks outnumbered rising ones by 17 to 14 and 4 ended unchanged; on the Abu Dhabi, 10 fell and 8 advanced, while 2 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.20% or 0.15 to $74.81 a barrel. Meanwhile, Brent oil for delivery in December fell 0.22% or 0.19 to hit $84.81 a barrel, while the December Gold Futures contract rose 0.02% or 0.20 to trade at $1191.70 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED rose 0.03% to 4.2230.

The US Dollar Index Futures was down 0.01% at 95.35.

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.