Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Consumer Staples, Telecoms and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General rose 0.14% to hit a new 1-month high, while the ADX General index climbed 1.50%.
The biggest gainers of the session on the DFM General were Amlak Finance PJSC (DU:AMLK), which rose 2.91% or 0.030 points to trade at 1.060 at the close. Gulf General Investments Company (DU:GGIC) added 2.88% or 0.011 points to end at 0.393 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was up 2.53% or 0.017 points to 0.690 in late trade.
Biggest losers included Emaar Malls (DU:EMAA), which lost 2.24% or 0.050 points to trade at 2.180 in late trade. Air Arabia PJSC (DU:AIRA) declined 1.59% or 0.020 points to end at 1.240 and Gulf Navigation Holding PJSC (DU:GNAV) shed 1.59% or 0.020 points to 1.240.
The top performers on the ADX General were Commercial Bank International (AD:CBI) which rose 14.13% to 1.050, Rak Cement Co (AD:RKCC) which was up 12.70% to settle at 0.710 and Rak Properties (AD:RPRO) which gained 5.48% to close at 0.770.
The worst performers were Green Crs Ins (AD:GCIC) which was down 9.30% to 0.780 in late trade, Aldar Properti (AD:ALDR) which lost 1.32% to settle at 2.250 and International Holding Company PJSC (AD:IHC) which was down 0.68% to 1.45 at the close.
Advancing stocks outnumbered falling ones by 24 to 10 and 4 ended unchanged; on the Abu Dhabi, 17 rose and 6 declined, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.16% or 0.10 to $61.73 a barrel. Meanwhile, Brent oil for delivery in March fell 0.22% or 0.15 to hit $67.69 a barrel, while the February Gold Futures contract fell 0.35% or 4.60 to trade at $1313.90 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED rose 0.27% to 4.4249.
The US Dollar Index Futures was down 0.21% at 91.70.