United Arab Emirates stocks mixed at close of trade; DFM General down 0.33%

© Reuters.  United Arab Emirates stocks mixed at close of trade; DFM General down 0.33%© Reuters. United Arab Emirates stocks mixed at close of trade; DFM General down 0.33%

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

At the close in Dubai, the fell 0.33%, while the index climbed 0.34%.

The best performers of the session on the were SHUAA Capital PSC (DU:), which rose 2.31% or 0.040 points to trade at 1.770 at the close. Meanwhile, Marka Pjse (DU:) added 2.14% or 0.03 points to end at 1.43 and National Central Cooling Co. (DU:) was up 2.14% or 0.040 points to 1.910 in late trade.

The worst performers of the session were Takaful Emarat PSC (DU:), which fell 3.52% or 0.090 points to trade at 2.470 at the close. ARAMEX PJSC (DU:) declined 2.52% or 0.120 points to end at 4.650 and Union Properties PJSC (DU:) was down 2.06% or 0.021 points to 0.999.

The top performers on the ADX General were Emirates Ins C (AD:) which rose 15.00% to 5.98, Umm Al Qaiwain Cement Industries Co PSC (AD:) which was up 15.00% to settle at 1.1500 and Ad Natl Ins Co (AD:) which gained 14.81% to close at 3.100.

The worst performers were Sharjah Cement AD (AD:) which was down 3.77% to 1.020 in late trade, Arkan Building Materials Co PJSC (AD:) which lost 3.66% to settle at 0.7900 and Abu Dhabi National for Building Materials Co PJSC (AD:) which was down 3.57% to 0.540 at the close.

Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 18 to 11 and 5 ended unchanged; on the Abu Dhabi, 11 rose and 9 declined, while 12 ended unchanged.

Shares in Umm Al Qaiwain Cement Industries Co PSC (AD:) rose to 52-week highs; up 15.00% or 0.1500 to 1.1500.

Crude oil for April delivery was up 1.42% or 0.76 to $ 54.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 1.41% or 0.79 to hit $ 56.63 a barrel, while the April Gold Futures contract rose 0.45% or 5.55 to trade at $ 1238.85 a troy ounce.

USD/AED was down 0.01% to 3.6727, while EUR/AED fell 0.11% to 3.8734.

The US Dollar Index Futures was up 0.08% at 101.39.

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