NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

United Arab Emirates shares lower at close of trade; DFM General down 0.90%

Published 2018-04-24, 07:15 a/m
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 0.90%
DFMGI
-
DFMIF
-
DFMRE
-
DSI
-
ENBD
-
TABR
-
TKFE
-
DFMCSI
-
INVESTB
-
RAKWCT
-
ADSB
-
GCEM
-
METHAQ
-
TAQA
-
FTFADGI
-
MARKA
-
DXBE
-

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

At the close in Dubai, the DFM General fell 0.90% to hit a new 52-week low, while the ADX General index fell 0.09%.

The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 8.24% or 0.140 points to trade at 1.840 at the close. National Central Cooling Co. (DU:TABR) added 2.94% or 0.050 points to end at 1.750 and Emirates NBD PJSC (DU:ENBD) was up 0.95% or 0.100 points to 10.650 in late trade.

Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 9.70% or 0.160 points to trade at 1.490 in late trade. Marka Pjse (DU:MARKA) declined 7.07% or 0.02 points to end at 0.29 and DXB Entertainments (P.J.S.C.) (DU:DXBE) shed 4.78% or 0.021 points to 0.418.

The top performers on the ADX General were Invest Bank AD (AD:INVB) which rose 4.07% to 2.300, Gulf Cement Co (AD:GCEM) which was up 3.92% to settle at 1.0600 and Ad Shipbldg Co (AD:ADSB) which gained 3.38% to close at 2.140.

The worst performers were Rak Cmt & Cons (AD:RAKC) which was down 8.25% to 0.890 in late trade, Methaq (AD:METH) which lost 5.00% to settle at 0.760 and Ad Natl Energy (AD:TAQA) which was down 2.84% to 1.370 at the close.

Declining stocks outnumbered rising ones by 26 to 9 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 7 advanced, while 7 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.64% or 0.44 to $69.08 a barrel. Meanwhile, Brent oil for delivery in June rose 0.31% or 0.23 to hit $74.94 a barrel, while the June Gold Futures contract rose 0.28% or 3.70 to trade at $1327.70 a troy ounce.

USD/AED was up 0.00% to 3.6732, while EUR/AED rose 0.06% to 4.4861.

The US Dollar Index Futures was down 0.04% at 90.65.

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.