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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.
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