Investing.com – United Arab Emirates equities were mixed at the close on Monday, as gains in the Consumer Staples, Transport and Telecoms sectors propelled shares higher while losses in the Real Estate & Construction, Banking and Services sectors led shares lower.
At the close in Dubai, the DFM General lost 0.18%, while the ADX General index climbed 0.41%.
The biggest gainers of the session on the DFM General were Islamic Arab Insurance Company (DU:SALAMA), which rose 3.74% or 0.017 points to trade at 0.472 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 2.17% or 0.030 points to end at 1.410 and Air Arabia PJSC (DU:AIRA) was up 1.57% or 0.020 points to 1.290 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 6.25% or 0.130 points to trade at 1.950 in late trade. Dubai Islamic Bank (DU:DISB) declined 1.79% or 0.090 points to end at 4.950 and SHUAA Capital PSC (DU:SHUA) shed 1.61% or 0.011 points to 0.674.
The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 4.64% to 1.58, Methaq (AD:METH) which was up 2.53% to settle at 0.810 and Agthia Group (AD:AGTH) which gained 2.32% to close at 7.50.
The worst performers were Ad Natl Ins Co (AD:ADNI) which was down 9.77% to 1.940 in late trade, Arkan Building Materials Co PJSC (AD:ARKN) which lost 9.64% to settle at 0.7500 and Nat Bk Qaiwain (AD:NBQ) which was down 8.90% to 2.66 at the close.
Declining stocks outnumbered rising ones by 14 to 11 and 6 ended unchanged; on the Abu Dhabi, 15 fell and 11 advanced, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for July delivery was up 2.18% or 1.06 to $49.68 a barrel. Meanwhile, Brent oil for delivery in August rose 1.91% or 0.95 to hit $50.59 a barrel, while the August Gold contract rose 0.49% or 6.05 to trade at $1248.95 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED rose 0.02% to 4.1759.
The US Dollar Index was up 0.03% at 93.93.