Investing.com – United Arab Emirates equities were higher at the close on Monday, as gains in the Consumer Staples, Real Estate & Construction and Banking sectors propelled shares higher.
At the close in Dubai, the DFM General gained 0.38%, while the ADX General index added 0.86%.
The biggest gainers of the session on the DFM General were Dubai National Insurance (DU:DNIN), which rose 14.73% or 0.380 points to trade at 2.960 at the close. Arabtec Holding PJSC (DU:ARTC) added 6.38% or 0.056 points to end at 0.934 and Emaar Properties PJSC (DU:EMAR) was up 1.32% or 0.100 points to 7.650 in late trade.
Biggest losers included National Cement Company P.S.C. (DU:NCC), which lost 3.23% or 0.100 points to trade at 3.000 in late trade. Islamic Arab Insurance Company (DU:SALAMA) declined 2.70% or 0.015 points to end at 0.540 and Deyaar Development PJSC (DU:DEYR) shed 1.87% or 0.011 points to 0.578.
The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 6.84% to 2.03, Ad Natl Energy (AD:TAQA) which was up 6.38% to settle at 0.500 and Em Driving Co (AD:DRIV) which gained 5.11% to close at 9.25.
The worst performers were Al Khazna Ins (AD:AKIC) which was down 6.82% to 0.410 in late trade, Gulf Cement Co (AD:GCEM) which lost 4.46% to settle at 1.0700 and Nat Bk Qaiwain (AD:NBQ) which was down 3.33% to 2.90 at the close.
Declining stocks outnumbered rising ones by 19 to 13 and 6 ended unchanged; on the Abu Dhabi, 11 fell and 11 advanced, while 9 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for April delivery was down 0.60% or 0.32 to $53.01 a barrel. Meanwhile, Brent oil for delivery in May fell 0.61% or 0.34 to hit $55.56 a barrel, while the April Gold Futures contract rose 0.41% or 5.05 to trade at $1231.55 a troy ounce.
USD/AED was up 0.01% to 3.6728, while EUR/AED fell 0.23% to 3.8908.
The US Dollar Index Futures was up 0.23% at 101.58.