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| United Arab Emirates stocks mixed at close of trade |
United Arab Emirates stocks were mixed after the close on Sunday, as gains in the Transport, Finance & Investment and Banking sectors led shares higher while losses in the Consumer Staples, Insurance and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General lost 0.72%, while the ADX General index climbed 0.46%.
The best performers of the session on the DFM General were Mashreqbank PSC, which rose 9.72% or 7.00 points to trade at 79.00 at the close. Meanwhile, SHUAA Capital PSC added 9.68% or 0.061 points to end at 0.691 and Gulf General Investments Company was up 1.07% or 0.007 points to 0.660 in late trade.
The worst performers of the session were National General Insurance Co PSC, which fell 10.00% or 0.33 points to trade at 2.97 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) declined 2.78% or 0.040 points to end at 1.400 and Drake & Scull International PJSC was down 2.59% or 0.015 points to 0.565.
The top performers on the ADX General were Invest Bank AD which rose 13.16% to 2.15, National Marine Dredging PSC which was up 12.86% to settle at 5.88 and Dana Gas which gained 3.57% to close at 0.580.
The worst performers were Ad Shipbldg Co which was down 6.90% to 2.70 in late trade, Natl Co Bldg M which lost 4.00% to settle at 0.480 and Al Khazna Ins which was down 2.86% to 0.340 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 22 to 8 and 5 ended unchanged; on the Abu Dhabi Stock Exchange, 16 fell and 9 advanced, while 3 ended unchanged.
Crude oil for June delivery was unchanged 0.00% or 0.00 to $41.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.67% or 0.73 to hit $43.11 a barrel, while the June Gold contract rose 0.75% or 9.20 to trade at $1235.70 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.20% to 4.1463.
The US Dollar Index was down 0.27% at 94.68.
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