Investing.com – United Arab Emirates stocks were higher after the close on Thursday, as gains in the Telecoms, Real Estate & Construction and Transport sectors led shares higher.
At the close in Dubai, the DFM General added 0.73%, while the ADX General index climbed 0.66%.
The best performers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 2.73% or 0.060 points to trade at 2.260 at the close. Meanwhile, Emirate Integrated Telecom Co PJSC (DU:DU) added 2.41% or 0.120 points to end at 5.100 and ARAMEX PJSC (DU:ARMX) was up 2.38% or 0.100 points to 4.300 in late trade.
The worst performers of the session were National Central Cooling Co. (DU:TABR), which fell 2.15% or 0.040 points to trade at 1.820 at the close. SHUAA Capital PSC (DU:SHUA) declined 1.63% or 0.020 points to end at 1.210 and Marka Pjse (DU:MARKA) was down 1.61% or 0.01 points to 0.55.
The top performers on the ADX General were United Arab Bk (AD:UAB) which rose 10.26% to 2.150, Gulf Cement Co (AD:GCEM) which was up 5.32% to settle at 0.9900 and National Takaful Co PJSC (AD:WATA) which gained 4.55% to close at 0.46.
The worst performers were Sharjah Group Co (AD:SG) which was down 8.00% to 1.15 in late trade, Green Crs Ins (AD:GCIC) which lost 5.62% to settle at 0.840 and Agthia Group (AD:AGTH) which was down 3.42% to 4.80 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 18 to 14 and 9 ended unchanged; on the Abu Dhabi, 16 rose and 11 declined, while 6 ended unchanged.
Shares in Drake & Scull International PJSC (DU:DSI) rose to 52-week highs; rising 2.73% or 0.060 to 2.260. Shares in Marka Pjse (DU:MARKA) fell to all time lows; losing 1.61% or 0.01 to 0.55. Shares in United Arab Bk (AD:UAB) rose to 52-week highs; up 10.26% or 0.200 to 2.150.
Crude oil for February delivery was up 0.15% or 0.09 to $59.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.09% or 0.06 to hit $66.05 a barrel, while the February Gold Futures contract rose 0.26% or 3.40 to trade at $1294.80 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED rose 0.30% to 4.3821.
The US Dollar Index Futures was down 0.23% at 92.45.