Investing.com – United Arab Emirates stocks were mixed after the close on Monday, as gains in the Banking, Insurance and Telecoms sectors led shares higher while losses in the Real Estate & Construction, Finance & Investment and Transport sectors led shares lower.
At the close in Dubai, the DFM General declined 0.70%, while the ADX General index added 0.01%.
The best performers of the session on the DFM General were Arabian Scandinavian Insurance Co PLC (DU:ASCI), which rose 14.72% or 0.340 points to trade at 2.650 at the close. Meanwhile, Emirates NBD PJSC (DU:ENBD) added 4.50% or 0.450 points to end at 10.450 and Takaful Emarat PSC (DU:TKFE) was up 3.17% or 0.060 points to 1.950 in late trade.
The worst performers of the session were Dubai Islamic Insurance Co. (DU:AMAN), which fell 3.96% or 0.030 points to trade at 0.727 at the close. Takaful House (DU:DTKF) declined 3.68% or 0.026 points to end at 0.681 and Emaar Properties PJSC (DU:EMAR) was down 2.81% or 0.170 points to 5.890.
The top performers on the ADX General were Bank Of Sharja (AD:BOS) which rose 6.25% to 1.190, Union Cement (AD:UCC) which was up 5.63% to settle at 1.690 and Al Khazna Ins (AD:AKIC) which gained 4.00% to close at 0.260.
The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 9.80% to 2.760 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.59% to settle at 1.32 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 8.62% to 0.530 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 25 to 9 and 8 ended unchanged; on the Abu Dhabi, 12 fell and 10 advanced, while 12 ended unchanged.
Shares in Arabian Scandinavian Insurance Co PLC (DU:ASCI) rose to 5-year highs; gaining 14.72% or 0.340 to 2.650. Shares in Emirates NBD PJSC (DU:ENBD) rose to 52-week highs; rising 4.50% or 0.450 to 10.450. Shares in Emaar Properties PJSC (DU:EMAR) fell to 52-week lows; losing 2.81% or 0.170 to 5.890. Shares in National Marine Dredging PSC (AD:NMDC) fell to all time lows; down 9.80% or 0.300 to 2.760. Shares in Union Insurance Co PSC (AD:UNIN) fell to 52-week lows; falling 9.59% or 0.14 to 1.32.
Crude oil for April delivery was down 0.39% or 0.24 to $61.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.52% or 0.34 to hit $65.15 a barrel, while the April Gold Futures contract fell 0.51% or 6.80 to trade at $1317.20 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.03% to 4.5209.
The US Dollar Index Futures was down 0.04% at 90.07.