🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

United Arab Emirates shares mixed at close of trade; DFM General up 0.22%

Published 2016-05-31, 07:15 a/m
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General up 0.22%
DFMBK
-
DFMGI
-
DFMIF
-
DFMIN
-
DFMRE
-
DFMTP
-
AIRA
-
DFM
-
DISB
-
DSI
-
SALAMA
-
DFMCSI
-
IHC
-
BILDCO
-
AKIC
-
GCEM
-
FAB
-
NBQ
-
FTFADGI
-
DXBE
-

Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Transport, Consumer Staples and Insurance sectors propelled shares higher while losses in the Banking, Finance & Investment and Real Estate & Construction sectors led shares lower.

At the close in Dubai, the DFM General added 0.22%, while the ADX General index lost 0.22%.

The biggest gainers of the session on the DFM General were Islamic Arab Insurance Company (DU:SALAMA), which rose 3.43% or 0.016 points to trade at 0.482 at the close. Air Arabia PJSC (DU:AIRA) added 3.08% or 0.040 points to end at 1.340 and Dubai Parks and Resorts PJSC (DU:DUBA) was up 2.90% or 0.040 points to 1.420 in late trade.

Biggest losers included Dubai Financial Market PJSC (DU:DFM), which lost 3.15% or 0.040 points to trade at 1.230 in late trade. Dubai Islamic Bank (DU:DISB) declined 1.92% or 0.100 points to end at 5.100 and Drake & Scull International PJSC (DU:DSI) shed 1.44% or 0.008 points to 0.546.

The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 13.99% to 1.63, Al Khazna Ins (AD:AKIC) which was up 5.88% to settle at 0.360 and Natl Bk Of Ad (AD:NBAD) which gained 2.50% to close at 7.80.

The worst performers were Nat Bk Qaiwain (AD:NBQ) which was down 9.86% to 3.11 in late trade, Gulf Cement Co (AD:GCEM) which lost 5.62% to settle at 0.8400 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 4.00% to 0.480 at the close.

Advancing stocks outnumbered falling ones by 21 to 9 and 2 ended unchanged; on the Abu Dhabi, 12 fell and 8 advanced, while 9 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.34% or 0.17 to $49.50 a barrel. Meanwhile, Brent oil for delivery in August fell 0.46% or 0.23 to hit $50.13 a barrel, while the August Gold contract fell 0.24% or 2.95 to trade at $1213.75 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.12% to 4.0983.

The US Dollar Index was down 0.15% at 95.58.

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.