Investing.com – United Arab Emirates equities were mixed at the close on Thursday, as gains in the Transport, Telecoms and Services sectors propelled shares higher while losses in the Insurance, Consumer Staples and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General rose 0.27%, while the ADX General index declined 0.07%.
The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 3.63% or 0.140 points to trade at 4.000 at the close. Air Arabia PJSC (DU:AIRA) added 3.57% or 0.050 points to end at 1.450 and National Central Cooling Co. (DU:TABR) was up 3.45% or 0.050 points to 1.500 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 9.54% or 0.310 points to trade at 2.940 in late trade. Dubai Islamic Insurance Co. (DU:AMAN) declined 2.93% or 0.019 points to end at 0.630 and Gulf General Investments Company (DU:GGIC) shed 1.42% or 0.008 points to 0.556.
The top performers on the ADX General were Buhaira Nat In (AD:ABNI) which rose 11.11% to 2.500, Gulf Cement Co (AD:GCEM) which was up 2.27% to settle at 0.9000 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which gained 2.00% to close at 0.510.
The worst performers were Al Khazna Ins (AD:AKIC) which was down 7.14% to 0.390 in late trade, Natl Bk Of Rak (AD:RAKB) which lost 6.67% to settle at 4.90 and National Marine Dredging PSC (AD:NMDC) which was down 6.17% to 4.410 at the close.
Advancing stocks outnumbered falling ones by 17 to 11 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 10 advanced, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.07% or 0.03 to $41.89 a barrel. Meanwhile, Brent oil for delivery in October fell 0.25% or 0.11 to hit $43.80 a barrel, while the December Gold contract rose 1.04% or 13.85 to trade at $1348.35 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.21% to 4.0715.
The US Dollar Index was down 0.21% at 96.55.