Investing.com – United Arab Emirates stocks were higher after the close on Thursday, as gains in the Consumer Staples, Services and Transport sectors led shares higher.
At the close in Dubai, the DFM General added 0.15%, while the ADX General index gained 0.35%.
The best performers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 3.45% or 0.050 points to trade at 1.500 at the close. Meanwhile, DXB Entertainments (P.J.S.C.) (DU:DXBE) added 3.00% or 0.019 points to end at 0.652 and ARAMEX PJSC (DU:ARMX) was up 2.35% or 0.100 points to 4.350 in late trade.
The worst performers of the session were Oman Insurance Company P.S.C. (DU:OIC), which fell 5.56% or 0.100 points to trade at 1.700 at the close. Dubai Investments PJSC (DU:DINV) declined 1.98% or 0.050 points to end at 2.480 and Emaar Development PJSC (DU:EMAARDEV) was down 1.39% or 0.080 points to 5.660.
The top performers on the ADX General were Emirates Ins C (AD:EIC) which rose 14.49% to 7.90, Union Cement (AD:UCC) which was up 9.66% to settle at 1.590 and Rak Ceramics (AD:RKCE) which gained 5.36% to close at 2.750.
The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 9.09% to 2.00 in late trade, Rak Properties (AD:RPRO) which lost 4.88% to settle at 0.780 and Agthia Group (AD:AGTH) which was down 2.20% to 4.45 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 17 to 15 and 9 ended unchanged; on the Abu Dhabi, 12 rose and 8 declined, while 12 ended unchanged.
Shares in Amanat Holdings PJSC (DU:AMANT) rose to all time highs; gaining 3.45% or 0.050 to 1.500. Shares in Emirates Ins C (AD:EIC) rose to 5-year highs; rising 14.49% or 1.00 to 7.90.
Crude oil for March delivery was up 0.72% or 0.47 to $66.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.43% or 0.30 to hit $70.83 a barrel, while the February Gold Futures contract rose 0.18% or 2.50 to trade at $1358.80 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.08% to 4.5594.
The US Dollar Index Futures was down 0.13% at 88.90.