Investing.com – United Arab Emirates equities were mixed at the close on Wednesday, as gains in the Transport, Insurance and Banking sectors propelled shares higher while losses in the Consumer Staples, Telecoms and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General fell 0.21%, while the ADX General index gained 0.53%.
The biggest gainers of the session on the DFM General were Dubai Financial Market PJSC (DU:DFM), which rose 4.05% or 0.060 points to trade at 1.540 at the close. National Central Cooling Co. (DU:TABR) added 3.21% or 0.060 points to end at 1.930 and ARAMEX PJSC (DU:ARMX) was up 2.35% or 0.100 points to 4.350 in late trade.
Biggest losers included Arabtec Holding PJSC (DU:ARTC), which lost 5.56% or 0.060 points to trade at 1.020 in late trade. DXB Entertainments (P.J.S.C.) (DU:DXBE) declined 2.68% or 0.030 points to end at 1.090 and Drake & Scull International PJSC (DU:DSI) shed 2.16% or 0.011 points to 0.499.
The top performers on the ADX General were Ad Natl Ins Co (AD:ADNI) which rose 14.86% to 3.400, Ad Shipbldg Co (AD:ADSB) which was up 12.85% to settle at 3.250 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which gained 5.36% to close at 0.590.
The worst performers were Invest Bank AD (AD:INVB) which was down 8.00% to 2.070 in late trade, Rak Ceramics (AD:RKCE) which lost 5.29% to settle at 2.150 and Dana Gas (AD:DANA) which was down 4.00% to 0.480 at the close.
Declining stocks outnumbered rising ones by 19 to 16 and 3 ended unchanged; on the Abu Dhabi, 12 rose and 10 declined, while 3 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for March delivery was down 0.47% or 0.25 to $52.95 a barrel. Meanwhile, Brent oil for delivery in April fell 0.36% or 0.20 to hit $55.77 a barrel, while the April Gold Futures contract rose 0.09% or 1.15 to trade at $1226.55 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.26% to 3.8749.
The US Dollar Index Futures was up 0.26% at 101.46.