stockmarket

United Arab Emirates shares higher at close of trade; DFM General up 0.49%


© Reuters. United Arab Emirates shares higher at close of trade; DFM General up 0.49%

Investing.com – United Arab Emirates equities were higher at the close on Wednesday, as gains in the , and sectors propelled shares higher.

At the close in Dubai, the gained 0.49%, while the index gained 0.13%.

The biggest gainers of the session on the were Dubai Islamic Insurance Co. (DU:), which rose 4.15% or 0.027 points to trade at 0.677 at the close. Gulf General Investments Company (DU:) added 2.64% or 0.007 points to end at 0.272 and Air Arabia PJSC (DU:) was up 1.98% or 0.020 points to 1.030 in late trade.

Biggest losers included Gulf Navigation Holding PJSC (DU:), which lost 3.77% or 0.035 points to trade at 0.893 in late trade. Amlak Finance PJSC (DU:) declined 2.69% or 0.018 points to end at 0.650 and AJMAN BANK PJSC (DU:) shed 2.43% or 0.023 points to 0.925.

The top performers on the ADX General were Ad Aviation (AD:) which rose 5.36% to 2.950, Rak Ceramics (AD:) which was up 5.26% to settle at 2.400 and International Holding Company PJSC (AD:) which gained 5.04% to close at 1.25.

The worst performers were Emirates Ins C (AD:) which was down 9.72% to 6.50 in late trade, National Takaful Co PJSC (AD:) which lost 8.33% to settle at 0.55 and Rak Cement Co (AD:) which was down 7.79% to 0.710 at the close.

Declining stocks outnumbered rising ones by 18 to 14 and 9 ended unchanged; on the Abu Dhabi, 14 rose and 11 declined, while 5 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.55% or 0.38 to $68.91 a barrel. Meanwhile, Brent oil for delivery in November rose 0.31% or 0.24 to hit $76.53 a barrel, while the December Gold Futures contract fell 0.41% or 5.00 to trade at $1209.40 a troy ounce.

USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.32% to 4.2818.

The US Dollar Index Futures was up 0.19% at 94.81.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.