Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

United Arab Emirates shares lower at close of trade; DFM General down 0.40%

Published 2018-04-08, 07:15 a/m
Updated 2018-04-08, 07:15 a/m
United Arab Emirates shares lower at close of trade; DFM General down 0.40%

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Consumer Staples, Real Estate & Construction and Insurance sectors propelled shares lower.

At the close in Dubai, the DFM General fell 0.40% to hit a new 52-week low, while the ADX General index fell 1.83%.

The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 3.61% or 0.150 points to trade at 4.300 at the close. Amanat Holdings PJSC (DU:AMANT) added 1.47% or 0.020 points to end at 1.380 and Dubai Investments PJSC (DU:DINV) was up 1.44% or 0.030 points to 2.110 in late trade.

Biggest losers included Gulf General Investments Company (DU:GGIC), which lost 9.79% or 0.032 points to trade at 0.295 in late trade. DXB Entertainments (P.J.S.C.) (DU:DXBE) declined 3.55% or 0.016 points to end at 0.435 and Dubai Financial Market PJSC (DU:DFM) shed 2.94% or 0.030 points to 0.990.

The top performers on the ADX General were Abd Nat Takafu (AD:TKFL) which rose 12.93% to 5.24, Sharjah Group Co (AD:SG) which was unchanged 0.00% to settle at 1.15 and Finance House (AD:FH) which unchanged 0.00% to close at 1.700.

The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 9.89% to 2.37 in late trade, Rak Cement Co (AD:RKCC) which lost 9.09% to settle at 0.700 and Gulf Pharm Ind (AD:GPHI) which was down 8.33% to 2.200 at the close.

Declining stocks outnumbered rising ones by 32 to 5 and 3 ended unchanged; on the Abu Dhabi, 21 fell and 2 advanced, while 9 ended unchanged on the Dubai Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

In commodities trading, Crude oil for May delivery was down 2.55% or 1.62 to $61.92 a barrel. Meanwhile, Brent oil for delivery in June fell 1.89% or 1.29 to hit $67.04 a barrel, while the June Gold Futures contract rose 0.64% or 8.50 to trade at $1337.00 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.32% to 4.5104.

The US Dollar Index Futures was down 0.33% at 89.82.

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.