Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

United Arab Emirates stocks mixed at close of trade; DFM General down 0.16%

Published 07/22/2018, 07:15 AM
Updated 07/22/2018, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.16%

© Reuters. United Arab Emirates stocks mixed at close of trade; DFM General down 0.16%

Investing.com – United Arab Emirates stocks were mixed after the close on Sunday, as gains in the Consumer Staples, Insurance and Real Estate & Construction sectors led shares higher while losses in the Finance & Investment, Telecoms and Services sectors led shares lower.

At the close in Dubai, the DFM General declined 0.16%, while the ADX General index climbed 0.02%.

The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 4.71% or 0.036 points to trade at 0.800 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 2.31% or 0.016 points to end at 0.708 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was up 1.80% or 0.006 points to 0.340 in late trade.

The worst performers of the session were Dubai Investments PJSC (DU:DINV), which fell 2.50% or 0.050 points to trade at 1.950 at the close. Gulf General Investments Company (DU:GGIC) declined 2.41% or 0.007 points to end at 0.283 and Union Properties PJSC (DU:UPRO) was down 1.50% or 0.011 points to 0.721.

The top performers on the ADX General were Methaq (AD:METH) which rose 2.56% to 0.800, International Holding Company PJSC (AD:IHC) which was up 2.34% to settle at 1.31 and Dana Gas (AD:DANA) which gained 1.90% to close at 1.070.

The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 8.70% to 2.10 in late trade, Ad Natl Energy (AD:TAQA) which lost 5.60% to settle at 1.180 and Rak Cmt & Cons (AD:RAKC) which was down 3.26% to 0.890 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 17 to 10 and 4 ended unchanged; on the Abu Dhabi, 11 fell and 7 advanced, while 8 ended unchanged.

Crude oil for September delivery was down 0.16% or 0.11 to $68.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.56% or 0.41 to hit $72.99 a barrel, while the August Gold Futures contract rose 0.65% or 7.90 to trade at $1231.90 a troy ounce.

USD/AED was up 0.00% to 3.6730, while EUR/AED rose 0.68% to 4.3051.

The US Dollar Index Futures was down 0.77% at 94.25.

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.