👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

United Arab Emirates stocks mixed at close of trade; DFM General down 0.56%

Published 10/08/2018, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.56%
DFMBK
-
DFMGI
-
DFMIF
-
DFMIN
-
DFMTP
-
ARMX
-
ARTC
-
DINV
-
WATANIA
-
SALAMA
-
SHUA
-
DFMCSI
-
DFMSV
-
AGTHIA
-
ADCB
-
GCEM
-
APEX
-
FTFADGI
-
CBI
-
ESHRAQ
-

Investing.com – United Arab Emirates stocks were mixed after the close on Monday, as gains in the Transport, Insurance and Services sectors led shares higher while losses in the Finance & Investment, Consumer Staples and Banking sectors led shares lower.

At the close in Dubai, the DFM General lost 0.56%, while the ADX General index climbed 0.26%.

The best performers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 2.75% or 0.110 points to trade at 4.110 at the close. Meanwhile, Islamic Arab Insurance Company (DU:SALAMA) added 2.50% or 0.015 points to end at 0.615 and SHUAA Capital PSC (DU:SHUA) was up 1.90% or 0.020 points to 1.070 in late trade.

The worst performers of the session were Dubai Investments PJSC (DU:DINV), which fell 2.72% or 0.050 points to trade at 1.790 at the close. Arabtec Holding PJSC (DU:ARTC) declined 2.67% or 0.050 points to end at 1.820 and Takaful House (DU:DTKF) was down 2.28% or 0.014 points to 0.601.

The top performers on the ADX General were Agthia Group (AD:AGTH) which rose 11.51% to 4.07, Rak Cement Co (AD:RKCC) which was up 6.15% to settle at 0.725 and Eshraq Properties Co PJSC (AD:ESHR) which gained 1.94% to close at 0.5780.

The worst performers were Commercial Bank International (AD:CBI) which was down 9.52% to 0.570 in late trade, Gulf Cement Co (AD:GCEM) which lost 3.95% to settle at 0.9000 and Ad Commercial (AD:ADCB) which was down 1.98% to 7.91 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 22 to 10 and 4 ended unchanged; on the Abu Dhabi, 10 fell and 10 advanced, while 4 ended unchanged.

Shares in Dubai Investments PJSC (DU:DINV) fell to 52-week lows; falling 2.72% or 0.050 to 1.790. Shares in Takaful House (DU:DTKF) fell to 52-week lows; down 2.28% or 0.014 to 0.601. Shares in Commercial Bank International (AD:CBI) fell to all time lows; down 9.52% or 0.060 to 0.570.

Crude oil for November delivery was down 1.24% or 0.92 to $73.42 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.46% or 1.23 to hit $82.93 a barrel, while the December Gold Futures contract fell 0.69% or 8.30 to trade at $1197.30 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.46% to 4.2129.

The US Dollar Index Futures was up 0.36% at 95.65.

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.