Investing.com – United Arab Emirates equities were higher at the close on Thursday, as gains in the Consumer Staples, Real Estate & Construction and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General rose 1.18%, while the ADX General index gained 0.38%.
The biggest gainers of the session on the DFM General were Dubai Parks and Resorts PJSC (DU:DUBA), which rose 4.22% or 0.070 points to trade at 1.730 at the close. Arabtec Holding PJSC (DU:ARTC) added 3.47% or 0.050 points to end at 1.490 and Islamic Arab Insurance Company (DU:SALAMA) was up 3.40% or 0.017 points to 0.517 in late trade.
Biggest losers included Dubai Islamic Insurance Co. (DU:AMAN), which lost 2.04% or 0.013 points to trade at 0.625 in late trade. Takaful Emarat PSC (DU:TKFE) declined 0.66% or 0.020 points to end at 3.000 and ARAMEX PJSC (DU:ARMX) shed 0.25% or 0.010 points to 3.990.
The top performers on the ADX General were Al Khazna Ins (AD:AKIC) which rose 7.69% to 0.420, Int Fish Farmi (AD:ASMK) which was up 4.61% to settle at 1.59 and Ad Commercial (AD:ADCB) which gained 2.87% to close at 6.81.
The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 5.74% to 4.600 in late trade, Buhaira Nat In (AD:ABNI) which lost 4.80% to settle at 2.380 and Natl Bk Of Rak (AD:RAKB) which was down 2.97% to 4.90 at the close.
Advancing stocks outnumbered falling ones by 24 to 5 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 6 advanced, while 10 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.32% or 0.13 to $40.70 a barrel. Meanwhile, Brent oil for delivery in October fell 0.70% or 0.30 to hit $42.80 a barrel, while the December Gold contract rose 0.20% or 2.70 to trade at $1367.40 a troy ounce.
USD/AED was down 0.01% to 3.6729, while EUR/AED fell 0.16% to 4.0881.
The US Dollar Index was up 0.25% at 95.73.