Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

United Arab Emirates shares higher at close of trade; DFM General up 0.17%

Published 2018-07-08, 07:15 a/m
Updated 2018-07-08, 07:15 a/m
© Reuters.  United Arab Emirates shares higher at close of trade; DFM General up 0.17%

Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Services, Consumer Staples and Telecoms sectors propelled shares higher.

At the close in Dubai, the DFM General gained 0.17%, while the ADX General index climbed 0.27%.

The biggest gainers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 4.65% or 0.060 points to trade at 1.350 at the close. SHUAA Capital PSC (DU:SHUA) added 1.89% or 0.020 points to end at 1.080 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was up 1.48% or 0.005 points to 0.342 in late trade.

Biggest losers included Gulf Navigation Holding PJSC (DU:GNAV), which lost 2.65% or 0.026 points to trade at 0.954 in late trade. Emaar Development PJSC (DU:EMAARDEV) declined 1.54% or 0.080 points to end at 5.100 and ARAMEX PJSC (DU:ARMX) shed 1.44% or 0.060 points to 4.100.

The top performers on the ADX General were Methaq (AD:METH) which rose 3.95% to 0.790, Arkan Building Materials Co PJSC (AD:ARKN) which was up 3.45% to settle at 0.6000 and Emirates Telec (AD:ETEL) which gained 1.81% to close at 16.90.

The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 9.90% to 1.820 in late trade, National Bank of Fujairah PJSC (AD:NBF) which lost 9.73% to settle at 3.06 and Rak Cmt & Cons (AD:RAKC) which was down 8.93% to 1.020 at the close.

Advancing stocks outnumbered falling ones by 15 to 13 and 7 ended unchanged; on the Abu Dhabi, 13 fell and 7 advanced, while 10 ended unchanged on the Dubai Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

In commodities trading, Crude oil for August delivery was up 1.33% or 0.97 to $73.91 a barrel. Meanwhile, Brent oil for delivery in September fell 0.34% or 0.26 to hit $77.13 a barrel, while the August Gold Futures contract fell 0.23% or 2.90 to trade at $1255.90 a troy ounce.

USD/AED was up 0.00% to 3.6731, while EUR/AED rose 0.48% to 4.3147.

The US Dollar Index Futures was down 0.39% at 93.76.

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.