Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Transport, Real Estate & Construction and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General rose 1.59% to hit a new 1-month high, while the ADX General index climbed 0.24%.
The biggest gainers of the session on the DFM General were Commercial Bank of Dubai P.S.C. (DU:CBD), which rose 7.69% or 0.300 points to trade at 4.200 at the close. ARAMEX PJSC (DU:ARMX) added 6.58% or 0.250 points to end at 4.050 and Dubai Islamic Insurance Co. (DU:AMAN) was up 5.99% or 0.039 points to 0.690 in late trade.
Biggest losers included Oman Insurance Company P.S.C. (DU:OIC), which lost 7.69% or 0.150 points to trade at 1.800 in late trade. National General Insurance Co PSC (DU:NGIN) declined 4.55% or 0.10 points to end at 2.10 and DXB Entertainments (P.J.S.C.) (DU:DXBE) shed 1.66% or 0.007 points to 0.415.
The top performers on the ADX General were Nat Bk Qaiwain (AD:NBQ) which rose 14.94% to 3.00, Rak Cement Co (AD:RKCC) which was up 4.35% to settle at 0.720 and Gulf Cement Co (AD:GCEM) which gained 3.00% to close at 1.0300.
The worst performers were Abu Dhabi National Hotels Co (AD:ADNH) which was down 9.71% to 2.51 in late trade, Foodco Holding PJSC (AD:FOOD) which lost 5.78% to settle at 3.75 and Emirates Ins C (AD:EIC) which was down 1.43% to 6.90 at the close.
Advancing stocks outnumbered falling ones by 28 to 6 and 5 ended unchanged; on the Abu Dhabi, 12 rose and 7 declined, while 10 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for July delivery was down 0.56% or 0.37 to $65.44 a barrel. Meanwhile, Brent oil for delivery in August fell 1.11% or 0.85 to hit $75.94 a barrel, while the August Gold Futures contract fell 0.03% or 0.40 to trade at $1298.90 a troy ounce.
USD/AED was down 0.01% to 3.6730, while EUR/AED rose 0.53% to 4.3062.
The US Dollar Index Futures was down 0.45% at 93.74.