Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

United Arab Emirates stocks mixed at close of trade; DFM General down 0.70%

Published 10/23/2017, 07:15 AM
© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.70%
DFMGI
-
DFMIF
-
DFMIN
-
DFMRE
-
DFMTC
-
DFMTP
-
DEYR
-
DSI
-
EMAR
-
TKFE
-
UPRO
-
DFMCSI
-
IHC
-
TKFL
-
ADSB
-
AKIC
-
RAKCEC
-
FTFADGI
-
MARKA
-
KICO
-

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

At the close in Dubai, the DFM General fell 0.70%, while the ADX General index gained 0.01%.

The best performers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 4.21% or 0.080 points to trade at 1.980 at the close. Meanwhile, Marka Pjse (DU:MARKA) added 2.94% or 0.02 points to end at 0.70 and Drake & Scull International PJSC (DU:DSI) was up 2.49% or 0.050 points to 2.060 in late trade.

The worst performers of the session were Emaar Properties PJSC (DU:EMAR), which fell 2.33% or 0.200 points to trade at 8.370 at the close. Deyaar Development PJSC (DU:DEYR) declined 2.26% or 0.012 points to end at 0.520 and Union Properties PJSC (DU:UPRO) was down 1.96% or 0.018 points to 0.901.

The top performers on the ADX General were Rak Ceramics (AD:RKCE) which rose 4.15% to 2.510, Al Khazna Ins (AD:AKIC) which was up 3.33% to settle at 0.310 and International Holding Company PJSC (AD:IHC) which gained 2.10% to close at 1.46.

The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 9.92% to 3.45 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 9.78% to settle at 2.030 and Abd Nat Takafu (AD:TKFL) which was down 9.18% to 4.55 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 21 to 13 and 6 ended unchanged; on the Abu Dhabi, 18 fell and 6 advanced, while 9 ended unchanged.

Shares in Ad Shipbldg Co (AD:ADSB) fell to 52-week lows; losing 9.78% or 0.220 to 2.030.

Crude oil for December delivery was up 0.48% or 0.25 to $52.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.02% or 0.01 to hit $57.76 a barrel, while the December Gold Futures contract fell 0.23% or 2.89 to trade at $1277.61 a troy ounce.

USD/AED was up 0.01% to 3.6731, while EUR/AED fell 0.30% to 4.3136.

The US Dollar Index Futures was up 0.28% at 93.83.

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.