United Arab Emirates equities decline at close of trade

United Arab Emirates equities decline at close of trade

On Monday, United Arab Emirates equities slumped after the close because losses in the Finance & Investment, Transport as well as Real Estate & Construction sectors suppressed stocks.

The DFM General inched down 1.16% in Dubai hitting a fresh 3-months minimum, while the ADX General index lost 0.35%.

On the DFM General the best performance was shown by Amanat Holdings PJSC, Mashreqbank PSC and Emirates NBD PJSC. They rallied respectively 1.69%, 1.62% and 0.61%.

Meanwhile, losers were represented by Dubai Investments PJSC, National Central Cooling Co. and Dubai Islamic Insurance Co. They edged down respectively 3.89%, 2.86% and 2.62%.

On the ADX General the top gainers included Gulf Pharm Ind, Al Khazna Ins and Gulf Cement Co. They managed to gain respectively 7.79%, 6.90% and 5.05%.  

On the contrary, the losers on the ADX General were Umm Al Qaiwain Cement Industries Co PSC, Ad Aviation, National Marine Dredging PSC. They dipped respectively 9.57%, 6.67% and 5.41%.                

The currency pair USD/AED gained 0.01% being worth 3.6730, EUR/AED edged down 0.02% trading at 4.2623.

Similar

Asian stock markets edge up

On Wednesday, stock indices in the countries of the Asia-Pacific region traded in the green zone on expectations of a positive reporting season as well as optimistic geopolitical signals…

Popular

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera