Investing.com – United Arab Emirates stocks were higher after the close on Sunday, as gains in the Consumer Staples, Insurance and Telecoms sectors led shares higher.
At the close in Dubai, the DFM General rose 0.03%, while the ADX General index gained 0.59%.
The best performers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 8.26% or 0.050 points to trade at 0.655 at the close. Meanwhile, Islamic Arab Insurance Company (DU:SALAMA) added 5.25% or 0.023 points to end at 0.461 and Deyaar Development PJSC (DU:DEYR) was up 3.22% or 0.021 points to 0.673 in late trade.
The worst performers of the session were Dubai Islamic Insurance Co. (DU:AMAN), which fell 8.16% or 0.052 points to trade at 0.637 at the close. Takaful Emarat PSC (DU:TKFE) declined 2.96% or 0.050 points to end at 1.640 and ARAMEX PJSC (DU:ARMX) was down 2.73% or 0.090 points to 3.210.
The top performers on the ADX General were Dana Gas (AD:DANA) which rose 5.77% to 0.550, Rak Properties (AD:RPRO) which was up 5.36% to settle at 0.590 and Natl Bk Of Ad (AD:NBAD) which gained 4.17% to close at 9.74.
The worst performers were National Corp Tourism Hotels (AD:NCTH) which was down 9.50% to 4.00 in late trade, Finance House (AD:FH) which lost 8.03% to settle at 2.75 and Ad Shipbldg Co (AD:ADSB) which was down 6.04% to 2.80 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 15 to 10 and 1 ended unchanged; on the Abu Dhabi Stock Exchange, 14 rose and 8 declined, while 3 ended unchanged.
Shares in National Corp Tourism Hotels (AD:NCTH) fell to 52-week lows; losing 9.50% or 0.42 to 4.00. Shares in Finance House (AD:FH) fell to 52-week lows; falling 8.03% or 0.24 to 2.75.
Crude oil for October delivery was unchanged 0.00% or 0.00 to $45.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.71% or 1.33 to hit $47.75 a barrel, while the December Gold contract rose 1.91% or 21.30 to trade at $1138.30 a troy ounce.
USD/AED was down 0.00% to 3.6727, while EUR/AED fell 1.12% to 4.1518.
The US Dollar Index was up 0.78% at 95.36.