Investing.com – United Arab Emirates equities were mixed at the close on Monday, as gains in the Real Estate & Construction, Services and Banking sectors propelled shares higher while losses in the Finance & Investment, Insurance and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General fell 0.17% to hit a new 6-month low, while the ADX General index added 0.56%.
The biggest gainers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 3.40% or 0.026 points to trade at 0.790 at the close. Marka Pjse (DU:MARKA) added 2.26% or 0.01 points to end at 0.54 and Emaar Development PJSC (DU:EMAARDEV) was up 1.78% or 0.100 points to 5.710 in late trade.
Biggest losers included Takaful House (DU:DTKF), which lost 9.99% or 0.088 points to trade at 0.793 in late trade. Dubai Investments PJSC (DU:DINV) declined 2.13% or 0.050 points to end at 2.300 and Amlak Finance PJSC (DU:AMLK) shed 2.10% or 0.020 points to 0.933.
The top performers on the ADX General were Union Cement (AD:UCC) which rose 14.29% to 1.360, Ad Natl Energy (AD:TAQA) which was up 11.86% to settle at 0.660 and Ad Shipbldg Co (AD:ADSB) which gained 10.33% to close at 2.030.
The worst performers were Commercial Bank International (AD:CBI) which was down 9.62% to 0.940 in late trade, National Bank of Fujairah PJSC (AD:NBF) which lost 8.64% to settle at 3.70 and Al Khazna Ins (AD:AKIC) which was down 3.57% to 0.270 at the close.
Declining stocks outnumbered rising ones by 16 to 13 and 11 ended unchanged; on the Abu Dhabi, 15 rose and 5 declined, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for March delivery was up 1.76% or 1.04 to $60.24 a barrel. Meanwhile, Brent oil for delivery in April rose 1.43% or 0.90 to hit $63.69 a barrel, while the April Gold Futures contract rose 0.51% or 6.70 to trade at $1322.40 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.30% to 4.5073.
The US Dollar Index Futures was down 0.17% at 90.07.