Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

United Arab Emirates shares mixed at close of trade; DFM General down 0.11%

Published 2018-07-11, 07:15 a/m
Updated 2018-07-11, 07:31 a/m
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.11%

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

At the close in Dubai, the DFM General declined 0.11%, while the ADX General index added 0.50%.

The biggest gainers of the session on the DFM General were Dubai Investments PJSC (DU:DINV), which rose 4.08% or 0.080 points to trade at 2.040 at the close. Amlak Finance PJSC (DU:AMLK) added 2.32% or 0.017 points to end at 0.750 and Dubai Islamic Insurance Co. (DU:AMAN) was up 1.78% or 0.012 points to 0.688 in late trade.

Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 5.14% or 0.110 points to trade at 2.030 in late trade. Gulf Navigation Holding PJSC (DU:GNAV) declined 2.90% or 0.029 points to end at 0.971 and Emaar Properties PJSC (DU:EMAR) shed 2.16% or 0.110 points to 4.980.

The top performers on the ADX General were Ad Natl Energy (AD:TAQA) which rose 4.13% to 1.260, Eshraq Properties Co PJSC (AD:ESHR) which was up 1.54% to settle at 0.6600 and First Abu Dhabi Bank PJSC (AD:FAB) which gained 1.21% to close at 12.55.

The worst performers were National Bank of Fujairah PJSC (AD:NBF) which was down 8.17% to 2.81 in late trade, Arkan Building Materials Co PJSC (AD:ARKN) which lost 3.39% to settle at 0.5700 and Waha Capital (AD:WAHA) which was down 2.76% to 1.760 at the close.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Advancing stocks outnumbered falling ones by 21 to 17 and 3 ended unchanged; on the Abu Dhabi, 11 fell and 6 advanced, while 8 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.63% or 0.47 to $73.64 a barrel. Meanwhile, Brent oil for delivery in September fell 2.19% or 1.73 to hit $77.13 a barrel, while the August Gold Futures contract fell 0.35% or 4.40 to trade at $1251.00 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED fell 0.29% to 4.3028.

The US Dollar Index Futures was up 0.26% at 94.09.

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.