Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Consumer Staples, Real Estate & Construction and Services sectors propelled shares higher.
At the close in Dubai, the DFM General rose 1.31% to hit a new 3-month high, while the ADX General index climbed 1.79%.
The biggest gainers of the session on the DFM General were Emaar Properties PJSC (DU:EMAR), which rose 5.80% or 0.370 points to trade at 6.750 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 5.11% or 0.070 points to end at 1.440 and Gulf Navigation Holding PJSC (DU:GNAV) was up 4.17% or 0.040 points to 1.000 in late trade.
Biggest losers included Mashreqbank PSC (DU:MASB), which lost 8.86% or 7.00 points to trade at 72.00 in late trade. National General Insurance Co PSC (DU:NGIN) declined 7.04% or 0.25 points to end at 3.30 and Drake & Scull International PJSC (DU:DSI) shed 3.33% or 0.020 points to 0.580.
The top performers on the ADX General were Al Khazna Ins (AD:AKIC) which rose 6.06% to 0.350, Natl Bk Of Ad (AD:NBAD) which was up 5.52% to settle at 8.99 and Ad Islamic Bk (AD:ADIB) which gained 4.19% to close at 4.23.
The worst performers were Green Crs Ins (AD:GCIC) which was down 3.61% to 0.800 in late trade, Eshraq Properties Co PJSC (AD:ESHR) which lost 2.35% to settle at 0.8300 and Natl Co Bldg M (AD:BILD) which was down 1.96% to 0.500 at the close.
Declining stocks outnumbered rising ones by 18 to 10 and 2 ended unchanged; on the Abu Dhabi, 14 rose and 8 declined, while 4 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.10% or 0.04 to $41.72 a barrel. Meanwhile, Brent oil for delivery in June rose 0.02% or 0.01 to hit $44.19 a barrel, while the June Gold contract fell 0.54% or 6.70 to trade at $1241.60 a troy ounce.
USD/AED was up 0.00% to 3.6731, while EUR/AED fell 0.07% to 4.1366.
The US Dollar Index was up 0.14% at 94.94.