Investing.com – United Arab Emirates equities were mixed at the close on Wednesday, as gains in the Services, Consumer Staples and Real Estate & Construction sectors propelled shares higher while losses in the Transport, Telecoms and Insurance sectors led shares lower.
At the close in Dubai, the DFM General gained 0.50%, while the ADX General index declined 0.94%.
The biggest gainers of the session on the DFM General were Mashreqbank PSC (DU:MASB), which rose 14.84% or 9.95 points to trade at 77.00 at the close. Arabtec Holding PJSC (DU:ARTC) added 3.36% or 0.050 points to end at 1.540 and Dubai Financial Market PJSC (DU:DFM) was up 2.31% or 0.030 points to 1.330 in late trade.
Biggest losers included Gulf Navigation Holding PJSC (DU:GNAV), which lost 2.78% or 0.030 points to trade at 1.050 in late trade. ARAMEX PJSC (DU:ARMX) declined 1.50% or 0.050 points to end at 3.290 and Drake & Scull International PJSC (DU:DSI) shed 1.23% or 0.007 points to 0.560.
The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 14.47% to 1.74, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 6.38% to settle at 0.500 and Bank Of Sharja (AD:BOS) which gained 3.88% to close at 1.34.
The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 10.00% to 2.61 in late trade, Green Crs Ins (AD:GCIC) which lost 9.30% to settle at 0.780 and Invest Bank AD (AD:INVB) which was down 4.55% to 2.10 at the close.
Advancing stocks outnumbered falling ones by 21 to 12 and 2 ended unchanged; on the Abu Dhabi, 14 fell and 13 advanced, while 4 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for June delivery was up 0.38% or 0.17 to $44.83 a barrel. Meanwhile, Brent oil for delivery in July rose 1.03% or 0.47 to hit $45.99 a barrel, while the June Gold contract rose 1.03% or 13.05 to trade at $1277.85 a troy ounce.
USD/AED was up 0.00% to 3.6730, while EUR/AED rose 0.23% to 4.1864.
The US Dollar Index was down 0.23% at 94.00.