Investing.com – United Arab Emirates stocks were mixed after the close on Thursday, as gains in the Finance & Investment, Services and Insurance sectors led shares higher while losses in the Consumer Staples, Banking and Transport sectors led shares lower.
At the close in Dubai, the DFM General declined 0.18%, while the ADX General index climbed 0.52%.
The best performers of the session on the DFM General were Marka Pjse (DU:MARKA), which rose 3.45% or 0.01 points to trade at 0.33 at the close. Meanwhile, Emaar Development PJSC (DU:EMAARDEV) added 2.04% or 0.110 points to end at 5.510 and Dubai Investments PJSC (DU:DINV) was up 1.94% or 0.040 points to 2.100 in late trade.
The worst performers of the session were Dubai Islamic Bank (DU:DISB), which fell 1.98% or 0.110 points to trade at 5.440 at the close. Arabtec Holding PJSC (DU:ARTC) declined 1.83% or 0.040 points to end at 2.140 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was down 1.81% or 0.008 points to 0.435.
The top performers on the ADX General were Nat Bk Qaiwain (AD:NBQ) which rose 10.07% to 2.95, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 8.00% to settle at 0.540 and Invest Bank AD (AD:INVB) which gained 4.00% to close at 2.340.
The worst performers were Union Insurance Co PSC (AD:UNIN) which was down 7.33% to 1.39 in late trade, International Holding Company PJSC (AD:IHC) which lost 4.17% to settle at 1.38 and Gulf Cement Co (AD:GCEM) which was down 3.70% to 1.0400 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 17 to 12 and 7 ended unchanged; on the Abu Dhabi, 11 fell and 11 advanced, while 10 ended unchanged.
Shares in Arabtec Holding PJSC (DU:ARTC) fell to 3-years lows; losing 1.83% or 0.040 to 2.140. Shares in International Holding Company PJSC (AD:IHC) fell to 52-week lows; falling 4.17% or 0.06 to 1.38.
Crude oil for May delivery was up 0.89% or 0.61 to $69.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.02% or 0.75 to hit $74.23 a barrel, while the June Gold Futures contract fell 0.24% or 3.20 to trade at $1350.30 a troy ounce.
USD/AED was down 0.01% to 3.6729, while EUR/AED fell 0.08% to 4.5423.
The US Dollar Index Futures was up 0.04% at 89.39.