US equities sag the 8th consecutive session due to trade concerns
US equities went down, with Dow diving the eighth consecutive day…
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
European equities edge down
On Thursday, except the United Kingdom, European stock markets dived in the face of everlasting worries of a proliferation of trade clashes between China and America, which appear to be the largest economies around the globe…
Asia-Pacific equities show different directions
On Thursday, stock indexes of the Asia-Pacific region came up with different directions after quite mixed signals from Wall Street that showed the absence of any fresh developments in the trade relations between China and the United States of America…
Popular
Asian equities stand still as Japan outperforms
On Monday, Asian shares shook off a sluggish start and stabilized, with Japan outperforming on positive earnings…
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
Crude edges down in Asia on Caixin PMI
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
Deposit with your local payment systems
