United Arab Emirates shares mixed at close of trade; DFM General down 0.44%
Investing.com
Published Jan 30, 2018 06:15
United Arab Emirates shares mixed at close of trade; DFM General down 0.44%
Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Insurance, Real Estate & Construction and Services sectors propelled shares higher while losses in the Finance & Investment, Banking and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General declined 0.44%, while the ADX General index added 0.27%.
The biggest gainers of the session on the DFM General were Emirates NBD PJSC (DU:ENBD), which rose 6.51% or 0.550 points to trade at 9.000 at the close. Deyaar Development PJSC (DU:DEYR) added 6.01% or 0.034 points to end at 0.600 and Marka Pjse (DU:MARKA) was up 2.69% or 0.02 points to 0.61 in late trade.
Biggest losers included Dubai Islamic Bank (DU:DISB), which lost 4.59% or 0.300 points to trade at 6.230 in late trade. AJMAN BANK PJSC (DU:AJBNK) declined 1.77% or 0.020 points to end at 1.110 and Dubai Investments PJSC (DU:DINV) shed 1.61% or 0.040 points to 2.440.
The top performers on the ADX General were Rak Cmt & Cons (AD:RAKC) which rose 6.74% to 0.950, Waha Capital (AD:WAHA) which was up 3.86% to settle at 2.150 and Al Khazna Ins (AD:AKIC) which gained 3.70% to close at 0.280.
The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 3.80% to 0.7600 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 2.50% to settle at 1.950 and Union Natl Bk (AD:UNB) which was down 2.23% to 3.950 at the close.
Advancing stocks outnumbered falling ones by 19 to 15 and 6 ended unchanged; on the Abu Dhabi, 12 fell and 12 advanced, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for March delivery was down 0.76% or 0.50 to $65.06 a barrel. Meanwhile, Brent oil for delivery in April fell 0.39% or 0.27 to hit $68.93 a barrel, while the February Gold Futures contract rose 0.28% or 3.70 to trade at $1344.00 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.24% to 4.5579.
The US Dollar Index Futures was down 0.24% at 88.96.
Get The App
Written By: Investing.com
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.