Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Consumer Staples, Services and Banking sectors propelled shares higher while losses in the Transport, Insurance and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General fell 0.38% to hit a new 3-month low, while the ADX General index gained 0.30%.
The biggest gainers of the session on the DFM General were Arabtec Holding PJSC (DU:ARTC), which rose 2.80% or 0.024 points to trade at 0.882 at the close. Drake & Scull International PJSC (DU:DSI) added 2.21% or 0.010 points to end at 0.462 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was up 0.97% or 0.010 points to 1.040 in late trade.
Biggest losers included Takaful House (DU:DTKF), which lost 3.36% or 0.040 points to trade at 1.150 in late trade. Emaar Properties PJSC (DU:EMAR) declined 1.09% or 0.080 points to end at 7.250 and ARAMEX PJSC (DU:ARMX) shed 0.99% or 0.050 points to 5.000.
The top performers on the ADX General were Ad Natl Ins Co (AD:ADNI) which rose 15.00% to 3.220, Nat Bk Qaiwain (AD:NBQ) which was up 6.90% to settle at 3.10 and Al Khazna Ins (AD:AKIC) which gained 4.88% to close at 0.430.
The worst performers were Insurance Hous (AD:IH) which was down 9.64% to 0.750 in late trade, United Arab Bk (AD:UAB) which lost 9.42% to settle at 1.730 and Union Cement (AD:UCC) which was down 6.92% to 1.210 at the close.
Declining stocks outnumbered rising ones by 16 to 11 and 6 ended unchanged; on the Abu Dhabi, 13 rose and 12 declined, while 8 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was up 0.73% or 0.35 to $48.39 a barrel. Meanwhile, Brent oil for delivery in May rose 0.73% or 0.37 to hit $51.01 a barrel, while the April Gold Futures contract fell 0.12% or 1.55 to trade at $1248.15 a troy ounce.
USD/AED was unchanged 0.00% to 3.6728, while EUR/AED fell 0.08% to 3.9626.
The US Dollar Index Futures was up 0.04% at 99.52.