Investing.com – United Arab Emirates stocks were mixed after the close on Thursday, as gains in the Consumer Staples, Transport and Real Estate & Construction sectors led shares higher while losses in the Telecoms, Insurance and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General rose 0.49% to hit a new 1-month high, while the ADX General index declined 0.62%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 4.55% or 0.023 points to trade at 0.529 at the close. Meanwhile, Air Arabia PJSC (DU:AIRA) added 2.31% or 0.030 points to end at 1.330 and Damac Properties Dubai Co PSC (DU:DAMAC) was up 2.09% or 0.050 points to 2.440 in late trade.
The worst performers of the session were SHUAA Capital PSC (DU:SHUA), which fell 2.71% or 0.019 points to trade at 0.681 at the close. AJMAN BANK PJSC (DU:AJBNK) declined 1.14% or 0.020 points to end at 1.730 and Takaful Emarat PSC (DU:TKFE) was down 0.96% or 0.020 points to 2.060.
The top performers on the ADX General were Nat Bk Qaiwain (AD:NBQ) which rose 14.66% to 3.05, Arkan Building Materials Co PJSC (AD:ARKN) which was up 9.30% to settle at 0.9400 and Ad Natl Ins Co (AD:ADNI) which gained 2.49% to close at 2.060.
The worst performers were First Gulf Bk (AD:FGB) which was down 2.45% to 11.95 in late trade, Natl Bk Of Ad (AD:NBAD) which lost 2.03% to settle at 8.20 and Rak Properties (AD:RPRO) which was down 1.61% to 0.610 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 17 to 14 and 5 ended unchanged; on the Abu Dhabi Stock Exchange, 11 rose and 10 declined, while 5 ended unchanged.
Crude oil for July delivery was down 1.72% or 0.88 to $50.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.68% or 0.88 to hit $51.63 a barrel, while the August Gold contract rose 0.21% or 2.65 to trade at $1264.95 a troy ounce.
USD/AED was unchanged 0.00% to 3.6729, while EUR/AED fell 0.60% to 4.1595.
The US Dollar Index was up 0.41% at 93.97.