Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

United Arab Emirates shares mixed at close of trade; DFM General down 0.30%

Published 2016-11-01, 07:15 a/m
© Reuters.  United Arab Emirates shares mixed at close of trade; DFM General down 0.30%

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

At the close in Dubai, the DFM General lost 0.30%, while the ADX General index climbed 0.17%.

The biggest gainers of the session on the DFM General were National Cement Company P.S.C. (DU:NCC), which rose 11.11% or 0.320 points to trade at 3.200 at the close. Union Properties PJSC (DU:UPRO) added 2.82% or 0.020 points to end at 0.730 and Emaar Malls (DU:EMAA) was up 1.95% or 0.050 points to 2.620 in late trade.

Biggest losers included Emaar Properties PJSC (DU:EMAR), which lost 1.58% or 0.110 points to trade at 6.860 in late trade. Emirates NBD PJSC (DU:ENBD) declined 1.25% or 0.100 points to end at 7.900 and Takaful House (DU:DTKF) shed 0.96% or 0.010 points to 1.030.

The top performers on the ADX General were Arkan Building Materials Co PJSC (AD:ARKN) which rose 6.25% to 1.0200, Eshraq Properties Co PJSC (AD:ESHR) which was up 3.80% to settle at 0.8200 and Natl Bk Of Rak (AD:RAKB) which gained 1.80% to close at 5.09.

The worst performers were Em Driving Co (AD:DRIV) which was down 9.93% to 6.44 in late trade, Int Fish Farmi (AD:ASMK) which lost 1.92% to settle at 1.53 and Ad Islamic Bk (AD:ADIB) which was down 0.57% to 3.470 at the close.

Advancing stocks outnumbered falling ones by 21 to 13 and 6 ended unchanged; on the Abu Dhabi, 10 rose and 8 declined, while 8 ended unchanged on the Dubai Stock Exchange.

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

In commodities trading, Crude oil for December delivery was down 0.19% or 0.09 to $46.77 a barrel. Meanwhile, Brent oil for delivery in January rose 0.35% or 0.17 to hit $48.78 a barrel, while the December Gold contract rose 1.09% or 13.85 to trade at $1286.95 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.27% to 4.0432.

The US Dollar Index was down 0.20% at 98.12.

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.