Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Consumer Staples, Services and Transport sectors propelled shares higher.
At the close in Dubai, the DFM General rose 0.15%, while the ADX General index climbed 0.35%.
The biggest gainers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 3.45% or 0.050 points to trade at 1.500 at the close. DXB Entertainments (P.J.S.C.) (DU:DXBE) added 3.00% or 0.019 points to end at 0.652 and ARAMEX PJSC (DU:ARMX) was up 2.35% or 0.100 points to 4.350 in late trade.
Biggest losers included Oman Insurance Company P.S.C. (DU:OIC), which lost 5.56% or 0.100 points to trade at 1.700 in late trade. Dubai Investments PJSC (DU:DINV) declined 1.98% or 0.050 points to end at 2.480 and Emaar Development PJSC (DU:EMAARDEV) shed 1.39% or 0.080 points to 5.660.
The top performers on the ADX General were Emirates Ins C (AD:EIC) which rose 14.49% to 7.90, Union Cement (AD:UCC) which was up 9.66% to settle at 1.590 and Rak Ceramics (AD:RKCE) which gained 5.36% to close at 2.750.
The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 9.09% to 2.00 in late trade, Rak Properties (AD:RPRO) which lost 4.88% to settle at 0.780 and Agthia Group (AD:AGTH) which was down 2.20% to 4.45 at the close.
Advancing stocks outnumbered falling ones by 17 to 15 and 9 ended unchanged; on the Abu Dhabi, 12 rose and 8 declined, while 12 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.72% or 0.47 to $66.08 a barrel. Meanwhile, Brent oil for delivery in March rose 0.44% or 0.31 to hit $70.84 a barrel, while the February Gold Futures contract rose 0.18% or 2.50 to trade at $1358.80 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.08% to 4.5594.
The US Dollar Index Futures was down 0.12% at 88.91.