Investing.com – United Arab Emirates stocks were higher after the close on Sunday, as gains in the Consumer Staples, Transport and Insurance sectors led shares higher.
At the close in Dubai, the DFM General rose 1.01%, while the ADX General index gained 0.08%.
The best performers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 5.79% or 0.029 points to trade at 0.530 at the close. Meanwhile, Islamic Arab Insurance Company (DU:SALAMA) added 4.47% or 0.016 points to end at 0.374 and Takaful House (DU:DTKF) was up 4.19% or 0.017 points to 0.423 in late trade.
The worst performers of the session were ARAMEX PJSC (DU:ARMX), which fell 2.41% or 0.070 points to trade at 2.830 at the close. Damac Properties Dubai Co PSC (DU:DAMAC) declined 1.20% or 0.03 points to end at 2.46 and Gulf General Investments Company (DU:GGIC) was down 0.73% or 0.004 points to 0.541.
The top performers on the ADX General were Methaq (AD:METH) which rose 13.21% to 0.600, Arkan Bld Mt C (AD:ARKN) which was up 9.52% to settle at 0.92 and Rak Ceramics (AD:RKCE) which gained 9.27% to close at 3.30.
The worst performers were Ad Natl Ins Co (AD:ADNI) which was down 9.59% to 1.98 in late trade, Rak Cement Co (AD:RKCC) which lost 5.75% to settle at 0.820 and Natl Bk Of Ad (AD:NBAD) which was down 2.73% to 7.83 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 3 and 5 ended unchanged; on the Abu Dhabi Stock Exchange, 13 rose and 8 declined, while 9 ended unchanged.
Crude oil for March delivery was up 10.89% or 2.85 to $29.07 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 9.07% or 2.73 to hit $32.78 a barrel, while the April Gold contract fell 0.75% or 9.40 to trade at $1238.40 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.56% to 4.1360.
The US Dollar Index was up 0.37% at 95.99.