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 mixed at close of trade; DFM General down 0.46%

Published 2018-06-07, 07:15 a/m
Updated 2018-06-07, 07:15 a/m
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.46%

Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Finance & Investment, Transport and Services sectors propelled shares higher while losses in the Consumer Staples, Banking and Insurance sectors led shares lower.

At the close in Dubai, the DFM General fell 0.46%, while the ADX General index climbed 0.22%.

The biggest gainers of the session on the DFM General were Arabtec Holding PJSC (DU:ARTC), which rose 4.27% or 0.090 points to trade at 2.200 at the close. SHUAA Capital PSC (DU:SHUA) added 1.82% or 0.020 points to end at 1.120 and Gulf General Investments Company (DU:GGIC) was up 1.43% or 0.004 points to 0.284 in late trade.

Biggest losers included DXB Entertainments (P.J.S.C.) (DU:DXBE), which lost 4.80% or 0.020 points to trade at 0.397 in late trade. Dubai Islamic Bank (DU:DISB) declined 2.12% or 0.110 points to end at 5.070 and Damac Properties Dubai Co PSC (DU:DAMAC) shed 2.02% or 0.050 points to 2.430.

The top performers on the ADX General were Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) which rose 10.91% to 1.83, Rak Cmt & Cons (AD:RAKC) which was up 9.80% to settle at 1.120 and National Takaful Co PJSC (AD:WATA) which gained 7.14% to close at 0.75.

The worst performers were Methaq (AD:METH) which was down 3.70% to 0.780 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which lost 3.39% to settle at 0.570 and Agthia Group (AD:AGTH) which was down 2.06% to 4.75 at the close.

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

Declining stocks outnumbered rising ones by 14 to 11 and 11 ended unchanged; on the Abu Dhabi, 10 fell and 10 advanced, while 9 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was up 1.00% or 0.65 to $65.38 a barrel. Meanwhile, Brent oil for delivery in August rose 1.59% or 1.20 to hit $76.56 a barrel, while the August Gold Futures contract rose 0.12% or 1.50 to trade at $1302.90 a troy ounce.

USD/AED was up 0.00% to 3.6730, while EUR/AED rose 0.54% to 4.3477.

The US Dollar Index Futures was down 0.36% at 93.27.

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.