Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

United Arab Emirates shares higher at close of trade; DFM General up 0.70%

Published 2016-11-29, 06:15 a/m
© Reuters.  United Arab Emirates shares higher at close of trade; DFM General up 0.70%
DFMGI
-
DFMIF
-
DFMIN
-
DU
-
SALAMA
-
SHUA
-
TABR
-
DFMCSI
-
ADAVIATION
-
RAKWCT
-
AKIC
-
METHAQ
-
FTFADGI
-
EMAA
-
MARKA
-
NMDC
-
ESHRAQ
-

Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Finance & Investment, Consumer Staples and Insurance sectors propelled shares higher.

At the close in Dubai, the DFM General rose 0.70%, while the ADX General index added 0.10%.

The biggest gainers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 6.25% or 0.090 points to trade at 1.530 at the close. Marka Pjse (DU:MARKA) added 4.76% or 0.05 points to end at 1.10 and Islamic Arab Insurance Company (DU:SALAMA) was up 3.84% or 0.017 points to 0.460 in late trade.

Biggest losers included National Central Cooling Co. (DU:TABR), which lost 1.48% or 0.030 points to trade at 2.000 in late trade. Emirate Integrated Telecom Co PJSC (DU:DU) declined 1.04% or 0.060 points to end at 5.700 and Emaar Malls (DU:EMAA) shed 0.77% or 0.020 points to 2.580.

The top performers on the ADX General were National Marine Dredging PSC (AD:NMDC) which rose 14.90% to 4.550, Eshraq Properties Co PJSC (AD:ESHR) which was up 4.21% to settle at 0.9900 and Ad Aviation (AD:ADAV) which gained 3.45% to close at 3.000.

The worst performers were Al Khazna Ins (AD:AKIC) which was down 2.70% to 0.360 in late trade, Methaq (AD:METH) which lost 2.33% to settle at 0.840 and Rak Cmt & Cons (AD:RAKC) which was down 0.89% to 1.110 at the close.

Advancing stocks outnumbered falling ones by 24 to 14 and 2 ended unchanged; on the Abu Dhabi, 9 rose and 7 declined, while 10 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.59% or 0.75 to $46.33 a barrel. Meanwhile, Brent oil for delivery in February fell 1.50% or 0.74 to hit $48.47 a barrel, while the December Gold contract fell 0.28% or 3.30 to trade at $1187.50 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.12% to 3.8948.

The US Dollar Index was up 0.10% at 101.31.

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.