NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

United Arab Emirates shares higher at close of trade; DFM General up 0.67%

Published 2018-07-16, 07:15 a/m
© Reuters.  United Arab Emirates shares higher at close of trade; DFM General up 0.67%
DFMGI
-
DFMRE
-
DFMTP
-
AMAN
-
WATANIA
-
EMAR
-
GGIC
-
SALAMA
-
TABR
-
DFMSV
-
ADSB
-
JULPHAR
-
METHAQ
-
FAB
-
APEX
-
TAQA
-
FTFADGI
-

Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Services, Real Estate & Construction and Transport sectors propelled shares higher.

At the close in Dubai, the DFM General rose 0.67%, while the ADX General index climbed 1.08%.

The biggest gainers of the session on the DFM General were National Central Cooling Co. (DU:TABR), which rose 2.86% or 0.050 points to trade at 1.800 at the close. Emaar Properties PJSC (DU:EMAR) added 2.77% or 0.140 points to end at 5.200 and Gulf General Investments Company (DU:GGIC) was up 2.50% or 0.007 points to 0.287 in late trade.

Biggest losers included Takaful House (DU:DTKF), which lost 4.97% or 0.044 points to trade at 0.841 in late trade. Dubai Islamic Insurance Co. (DU:AMAN) declined 3.82% or 0.029 points to end at 0.730 and Islamic Arab Insurance Company (DU:SALAMA) shed 3.53% or 0.015 points to 0.410.

The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 4.89% to 1.930, Rak Cement Co (AD:RKCC) which was up 2.67% to settle at 0.770 and First Abu Dhabi Bank PJSC (AD:FAB) which gained 1.98% to close at 12.85.

The worst performers were Gulf Pharm Ind (AD:GPHI) which was down 6.52% to 2.150 in late trade, Methaq (AD:METH) which lost 4.88% to settle at 0.780 and Ad Natl Energy (AD:TAQA) which was down 2.44% to 1.200 at the close.

Advancing stocks outnumbered falling ones by 18 to 16 and 6 ended unchanged; on the Abu Dhabi, 9 fell and 8 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.96% or 1.37 to $68.58 a barrel. Meanwhile, Brent oil for delivery in September fell 2.24% or 1.69 to hit $73.64 a barrel, while the August Gold Futures contract rose 0.30% or 3.70 to trade at $1244.90 a troy ounce.

USD/AED was unchanged 0.00% to 3.6732, while EUR/AED rose 0.32% to 4.3055.

The US Dollar Index Futures was down 0.26% at 94.19.

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.