United Arab Emirates equities inch down

United Arab Emirates equities inch down

On Wednesday, United Arab Emirates equities headed south after the close because losses in the Consumer Staples, Real Estate & Construction as well as Services sectors suppressed stocks.

The DFM General went down 1.89% in Dubai reaching a fresh 3-months minimum. Meanwhile, the ADX General index sagged 1.14%.

On the DFM General the best performance was demonstrated by such benchmarks as Emirates NBD PJSC, National Cement Company P.S.C. and Dubai Investments PJSC. They rose respectively 2.20%, 0.00% and 0.00%.    

As for losers, they were represented by National Central Cooling Co., DXB Entertainments and SHUAA Capital PSC. They declined 6.37%, 5.58% and 5.50% respectively.        

Sagging stocks outperformed rallying equities on the Dubai Stock Exchange by 31 to 2, while 3 were intact.

The currency pair USD/AED went down 0.01% being worth 3.6728, EUR/AED jumped 0.10% trading at 4.2603.

The US Dollar Index Futures headed south 0.09% showing an outcome of 94.72.

Similar

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…

Crude holds revenues on API estimates

On Wednesday, crude held revenues in Asia because industry estimates revealed a much sharper draw in American crude inventories expected, although higher than seen gasoline stocks affected market sentiment…

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