Investing.com – United Arab Emirates stocks were mixed after the close on Thursday, as gains in the Transport, Services and Finance & Investment sectors led shares higher while losses in the Banking, Consumer Staples and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General fell 1.02%, while the ADX General index climbed 0.59%.
The best performers of the session on the DFM General were National Cement Company P.S.C. (DU:NCC), which rose 6.90% or 0.200 points to trade at 3.100 at the close. Meanwhile, Air Arabia PJSC (DU:AIRA) added 3.28% or 0.040 points to end at 1.260 and Emirates NBD PJSC (DU:ENBD) was up 2.98% or 0.240 points to 8.300 in late trade.
The worst performers of the session were Dubai Islamic Bank (DU:DISB), which fell 9.25% or 0.570 points to trade at 5.590 at the close. DXB Entertainments (P.J.S.C.) (DU:DXBE) declined 3.77% or 0.040 points to end at 1.020 and Gulf Navigation Holding PJSC (DU:GNAV) was down 1.96% or 0.030 points to 1.500.
The top performers on the ADX General were Invest Bank AD (AD:INVB) which rose 11.11% to 2.300, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 8.33% to settle at 0.650 and Ad Commercial (AD:ADCB) which gained 4.14% to close at 7.29.
The worst performers were Buhaira Nat In (AD:ABNI) which was down 9.62% to 2.160 in late trade, Al Khazna Ins (AD:AKIC) which lost 4.44% to settle at 0.430 and Rak Ceramics (AD:RKCE) which was down 1.70% to 2.310 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 14 and 5 ended unchanged; on the Abu Dhabi, 15 rose and 5 declined, while 12 ended unchanged.
Shares in DXB Entertainments (P.J.S.C.) (DU:DXBE) fell to 52-week lows; falling 3.77% or 0.040 to 1.020. Shares in Invest Bank AD (AD:INVB) rose to 52-week highs; up 11.11% or 0.230 to 2.300. Shares in Buhaira Nat In (AD:ABNI) fell to all time lows; down 9.62% or 0.230 to 2.160.
Crude oil for April delivery was down 0.85% or 0.46 to $53.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.82% or 0.46 to hit $55.90 a barrel, while the April Gold Futures contract fell 0.51% or 6.35 to trade at $1243.65 a troy ounce.
USD/AED was up 0.01% to 3.6726, while EUR/AED fell 0.15% to 3.8671.
The US Dollar Index Futures was up 0.26% at 102.00.