Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Services, Banking and Transport sectors propelled shares higher while losses in the Consumer Staples, Telecoms and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General lost 0.10%, while the ADX General index climbed 0.19%.
The biggest gainers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 5.05% or 0.050 points to trade at 1.040 at the close. Emirates NBD PJSC (DU:ENBD) added 3.95% or 0.340 points to end at 8.940 and Deyaar Development PJSC (DU:DEYR) was up 2.18% or 0.014 points to 0.655 in late trade.
Biggest losers included AJMAN BANK PJSC (DU:AJBNK), which lost 3.82% or 0.060 points to trade at 1.510 in late trade. Gulf General Investments Company (DU:GGIC) declined 2.55% or 0.014 points to end at 0.536 and Takaful Emarat PSC (DU:TKFE) shed 2.10% or 0.050 points to 2.330.
The top performers on the ADX General were Rak Properties (AD:RPRO) which rose 5.33% to 0.790, Rak Cement Co (AD:RKCC) which was up 3.41% to settle at 0.910 and Al Khazna Ins (AD:AKIC) which gained 2.27% to close at 0.450.
The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 3.92% to 0.9800 in late trade, Ad Islamic Bk (AD:ADIB) which lost 2.32% to settle at 3.790 and Agthia Group (AD:AGTH) which was down 1.43% to 6.90 at the close.
Declining stocks outnumbered rising ones by 23 to 13 and 4 ended unchanged; on the Abu Dhabi, 11 rose and 7 declined, while 9 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.78% or 0.40 to $51.48 a barrel. Meanwhile, Brent oil for delivery in March rose 0.85% or 0.46 to hit $54.38 a barrel, while the February Gold contract fell 0.80% or 9.65 to trade at $1202.45 a troy ounce.
USD/AED was down 0.01% to 3.6728, while EUR/AED rose 0.24% to 3.9134.
The US Dollar Index was down 0.20% at 101.11.