🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

United Arab Emirates stocks lower at close of trade; DFM General down 0.32%

Published 01/18/2018, 06:15 AM
© Reuters.  United Arab Emirates stocks lower at close of trade; DFM General down 0.32%
DFMBK
-
DFMGI
-
DFMTP
-
WATANIA
-
GGIC
-
TKFE
-
DFMCSI
-
AMLK
-
UCC
-
BILDCO
-
AKIC
-
EMSTEEL
-
NBQ
-
FTFADGI
-
AMANT
-
DXBE
-
ESHRAQ
-

Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Consumer Staples, Banking and Transport sectors led shares lower.

At the close in Dubai, the DFM General lost 0.32%, while the ADX General index fell 0.21%.

The best performers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 3.21% or 0.060 points to trade at 1.930 at the close. Meanwhile, Amanat Holdings PJSC (DU:AMANT) added 2.16% or 0.030 points to end at 1.420 and Gulf General Investments Company (DU:GGIC) was up 2.04% or 0.008 points to 0.400 in late trade.

The worst performers of the session were DXB Entertainments (P.J.S.C.) (DU:DXBE), which fell 3.29% or 0.022 points to trade at 0.647 at the close. Takaful House (DU:DTKF) declined 2.31% or 0.022 points to end at 0.932 and Amlak Finance PJSC (DU:AMLK) was down 1.89% or 0.020 points to 1.040.

The top performers on the ADX General were Union Cement (AD:UCC) which rose 10.67% to 1.660, Arkan Building Materials Co PJSC (AD:ARKN) which was up 4.00% to settle at 0.7800 and Eshraq Properties Co PJSC (AD:ESHR) which gained 2.63% to close at 0.7800.

The worst performers were Nat Bk Qaiwain (AD:NBQ) which was down 10.00% to 2.70 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which lost 4.92% to settle at 0.580 and Al Khazna Ins (AD:AKIC) which was down 3.45% to 0.280 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 12 and 8 ended unchanged; on the Abu Dhabi, 13 fell and 13 advanced, while 5 ended unchanged.

Shares in Union Cement (AD:UCC) rose to 3-years highs; up 10.67% or 0.160 to 1.660.

Crude oil for February delivery was up 0.02% or 0.01 to $63.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.03% or 0.02 to hit $69.36 a barrel, while the February Gold Futures contract fell 0.66% or 8.90 to trade at $1330.30 a troy ounce.

USD/AED was unchanged 0.00% to 3.6729, while EUR/AED rose 0.43% to 4.4934.

The US Dollar Index Futures was down 0.26% at 90.41.

Latest comments

Risk Disclosure: 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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.