Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

United Arab Emirates shares higher at close of trade; DFM General up 0.55%

Published 2018-04-26, 07:15 a/m
© Reuters.  United Arab Emirates shares higher at close of trade; DFM General up 0.55%
DFMGI
-
DFMIN
-
DFMRE
-
AJBNK
-
AMAN
-
ARTC
-
DINV
-
SHUA
-
DFMCSI
-
HAYAH
-
SCIDC
-
ADSB
-
DANA
-
NBQ
-
FTFADGI
-
AMANT
-
ESHRAQ
-

Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Consumer Staples, Real Estate & Construction and Insurance sectors propelled shares higher.

At the close in Dubai, the DFM General added 0.55%, while the ADX General index gained 0.56%.

The biggest gainers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 9.60% or 0.092 points to trade at 1.050 at the close. Dubai Islamic Insurance Co. (DU:AMAN) added 6.08% or 0.040 points to end at 0.698 and Arabtec Holding PJSC (DU:ARTC) was up 3.96% or 0.080 points to 2.100 in late trade.

Biggest losers included Dubai Investments PJSC (DU:DINV), which lost 5.85% or 0.120 points to trade at 1.930 in late trade. Amanat Holdings PJSC (DU:AMANT) declined 1.45% or 0.020 points to end at 1.360 and AJMAN BANK PJSC (DU:AJBNK) shed 1.01% or 0.010 points to 0.980.

The top performers on the ADX General were Dana Gas (AD:DANA) which rose 14.94% to 1.000, Eshraq Properties Co PJSC (AD:ESHR) which was up 4.29% to settle at 0.7300 and Ad Shipbldg Co (AD:ADSB) which gained 2.93% to close at 2.110.

The worst performers were Green Crs Ins (AD:GCIC) which was down 10.00% to 0.720 in late trade, Nat Bk Qaiwain (AD:NBQ) which lost 9.49% to settle at 2.67 and Sharjah Cement AD (AD:SCID) which was down 7.56% to 1.100 at the close.

Advancing stocks outnumbered falling ones by 25 to 12 and 1 ended unchanged; on the Abu Dhabi, 12 rose and 9 declined, while 8 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.59% or 0.40 to $68.45 a barrel. Meanwhile, Brent oil for delivery in June rose 0.76% or 0.56 to hit $74.56 a barrel, while the June Gold Futures contract rose 0.29% or 3.80 to trade at $1326.60 a troy ounce.

USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.18% to 4.4750.

The US Dollar Index Futures was down 0.16% at 90.88.

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.