Investing.com – United Arab Emirates stocks were higher after the close on Thursday, as gains in the Finance & Investment, Transport and Real Estate & Construction sectors led shares higher.
At the close in Dubai, the DFM General gained 0.53%, while the ADX General index climbed 0.22%.
The best performers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 7.92% or 0.080 points to trade at 1.090 at the close. Meanwhile, Arabtec Holding PJSC (DU:ARTC) added 4.60% or 0.120 points to end at 2.730 and Dubai Investments PJSC (DU:DINV) was up 2.07% or 0.050 points to 2.460 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 6.15% or 0.120 points to trade at 1.830 at the close. Emirates NBD PJSC (DU:ENBD) declined 2.22% or 0.200 points to end at 8.800 and Deyaar Development PJSC (DU:DEYR) was down 1.19% or 0.007 points to 0.580.
The top performers on the ADX General were Rak Cmt & Cons (AD:RAKC) which rose 11.58% to 1.060, Methaq (AD:METH) which was up 6.25% to settle at 0.850 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which gained 3.70% to close at 0.560.
The worst performers were United Arab Bk (AD:UAB) which was down 9.57% to 1.700 in late trade, National Marine Dredging PSC (AD:NMDC) which lost 7.14% to settle at 3.250 and Arkan Building Materials Co PJSC (AD:ARKN) which was down 2.53% to 0.7700 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 21 to 15 and 4 ended unchanged; on the Abu Dhabi, 10 fell and 10 advanced, while 9 ended unchanged.
Shares in Takaful Emarat PSC (DU:TKFE) fell to 52-week lows; falling 6.15% or 0.120 to 1.830. Shares in National Marine Dredging PSC (AD:NMDC) fell to 3-years lows; losing 7.14% or 0.250 to 3.250.
Crude oil for March delivery was up 0.80% or 0.52 to $65.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.94% or 0.65 to hit $69.54 a barrel, while the April Gold Futures contract fell 0.01% or 0.10 to trade at $1343.00 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.16% to 4.5669.
The US Dollar Index Futures was down 0.04% at 88.91.