United Arab Emirates stocks mixed at close of trade; DFM General down 1.09% By Investing.com

© Reuters. United Arab Emirates stocks mixed at close of trade; DFM General down 1.09%

Investing.com – United Arab Emirates stocks were mixed after the close on Sunday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower.

At the close in Dubai, the lost 1.09% to hit a new 52-week low, while the index climbed 0.82%.

The best performers of the session on the were Deyaar Development PJSC (DU:), which rose 2.53% or 0.012 points to trade at 0.487 at the close. Meanwhile, Amanat Holdings PJSC (DU:) added 2.29% or 0.030 points to end at 1.340 and Dubai Islamic Insurance Co. (DU:) was up 1.89% or 0.013 points to 0.700 in late trade.

The worst performers of the session were Emirates Refreshments Company (DU:), which fell 9.73% or 0.320 points to trade at 2.970 at the close. ARAMEX PJSC (DU:) declined 3.70% or 0.160 points to end at 4.170 and AJMAN BANK PJSC (DU:) was down 3.67% or 0.040 points to 1.050.

The top performers on the ADX General were Dana Gas (AD:) which rose 8.33% to 0.910, Eshraq Properties Co PJSC (AD:) which was up 4.23% to settle at 0.7400 and First Abu Dhabi Bank PJSC (AD:) which gained 2.19% to close at 11.65.

The worst performers were National Takaful Co PJSC (AD:) which was down 7.69% to 0.48 in late trade, National Bank of Fujairah PJSC (AD:) which lost 5.00% to settle at 2.85 and National Corp Tourism Hotels (AD:) which was down 3.85% to 2.00 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 21 to 7 and 11 ended unchanged; on the Abu Dhabi, 14 fell and 5 advanced, while 9 ended unchanged.

Shares in Emirates Refreshments Company (DU:) fell to 5-year lows; losing 9.73% or 0.320 to 2.970. Shares in Dana Gas (AD:) rose to 3-years highs; up 8.33% or 0.070 to 0.910. Shares in First Abu Dhabi Bank PJSC (AD:) rose to 52-week highs; rising 2.19% or 0.25 to 11.65. Shares in National Corp Tourism Hotels (AD:) fell to 5-year lows; down 3.85% or 0.08 to 2.00.

Crude oil for May delivery was up 2.35% or 1.51 to $65.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June unchanged 0.00% or 0.00 to hit $69.81 a barrel, while the April Gold Futures contract rose 1.49% or 19.80 to trade at $1347.20 a troy ounce.

USD/AED was up 0.01% to 3.6731, while EUR/AED rose 0.39% to 4.5374.

The US Dollar Index Futures was down 0.41% at 89.10.

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