Investing.com – United Arab Emirates stocks were higher after the close on Monday, as gains in the Consumer Staples, Real Estate & Construction and Finance & Investment sectors led shares higher.
At the close in Dubai, the DFM General gained 0.52% to hit a new 1-month high, while the ADX General index gained 0.90%.
The best performers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 3.75% or 0.013 points to trade at 0.360 at the close. Meanwhile, Deyaar Development PJSC (DU:DEYR) added 2.81% or 0.012 points to end at 0.439 and Drake & Scull International PJSC (DU:DSI) was up 2.57% or 0.009 points to 0.359 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 3.85% or 0.070 points to trade at 1.750 at the close. Dubai Islamic Insurance Co. (DU:AMAN) declined 2.40% or 0.015 points to end at 0.610 and ARAMEX PJSC (DU:ARMX) was down 0.99% or 0.040 points to 4.000.
The top performers on the ADX General were Abu Dhabi National Hotels Co (AD:ADNH) which rose 6.67% to 3.20, Invest Bank AD (AD:INVB) which was up 6.38% to settle at 2.500 and Eshraq Properties Co PJSC (AD:ESHR) which gained 4.09% to close at 0.5850.
The worst performers were Rak Cmt & Cons (AD:RAKC) which was down 9.91% to 0.882 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.70% to settle at 1.49 and Agthia Group (AD:AGTH) which was down 9.21% to 4.04 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 15 and 4 ended unchanged; on the Abu Dhabi, 11 fell and 10 advanced, while 5 ended unchanged.
Shares in Abu Dhabi National Hotels Co (AD:ADNH) rose to 52-week highs; rising 6.67% or 0.20 to 3.20.
Crude oil for November delivery was up 0.26% or 0.19 to $73.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.33% or 0.27 to hit $83.00 a barrel, while the December Gold Futures contract fell 0.53% or 6.30 to trade at $1189.90 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.01% to 4.2653.
The US Dollar Index Futures was down 0.08% at 94.72.