Shares of the United Arab Emirates resulted to mixed after the market close in the course of Thursday’s session, fueled by advancing shares in the sectors of Consumer Staples, Banking and Transport, while losses were dragged by lower shares in the sectors of Finance & Investment, Insurance and Real Estate & Construction.
The DFM General climbed by about 1.28% in late trade, while the ADX General index plunged 0.12%.
Among the best performers of the DFM General’s session were Dubai Parks and Resorts PJSC, which rallied 6.72% or 0.090 points to changed hands at 1.43 in late trade. Emirates NBD PJSC increased 3.53% or 0.29 points to settle at 8.50 and Commercial Bank of Dubai P.S.C. jumped 1.78% or 0.100 points to end at 5.72 at the close.
One of the worst performers of the session were Gulf General Investments Company, which lost 2.46% or 0.015 to changed hands at 0.595 in late trade. Arabtec Holding PJSC dropped 2.07% or 0.030 points to settle at 1.42 and Dubai Islamic Insurance Co. slid 1.76% or 0.010 points to 0.55 at the close.
ADX General top performers were Abu Dhabi National Hotels Co, which rallied 2.19% to 2.80, Dana Gas increased by about 1.89% to end at 0.54 and Rak Cement Co, which added 1.27% to end at 0.800.
Gulf Medical Projects Co PSC, which declined 3.75% to 2.31 at the close, Natl Bk Of Ad dropped 2.79% to end at 8.01 and Methaq sank 2.38% to 0.820 in late trade.
Declining stocks outnumbered increasing ones on the Dubai Stock Exchange in a range between 15 to 14 and 6 remained unchanged. Meanwhile, on the Abu Dhabi Stock Exchange, 11 rallied and 10 dropped, while 5 remained unchanged.
Dubai Parks and Resorts PJSC stocks edge higher to all time highs, which increased 6.72% or 0.090 to 1.430.
Crude oil delivery for July increased by about 0.59% or 0.29 to $49.85 per barrel. In commodities trading, Brent oil delivery for July, rallied 0.74% or 0.37 to end at $50.11 per barrel, while the Gold contract for June added 0.45% to changed hands at $1229.25 a troy ounce.
USD/AED declined 0.01% to 3.67, while the EUR/AED climbed 0.25% to 4.10.
The US Dollar Index dropped 0.20% at 95.21.
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