Investing.com – United Arab Emirates stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.
At the close in Dubai, the added 0.07% to hit a new 1-month high, while the index added 0.62%.
The best performers of the session on the were Mashreqbank PSC (DU:), which rose 8.11% or 6.00 points to trade at 80.00 at the close. Meanwhile, Dubai Islamic Bank (DU:) added 1.14% or 0.070 points to end at 6.190 and Air Arabia PJSC (DU:) was up 0.89% or 0.010 points to 1.130 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:), which fell 4.35% or 0.090 points to trade at 1.980 at the close. Marka Pjse (DU:) declined 2.01% or 0.01 points to end at 0.73 and Dubai Islamic Insurance Co. (DU:) was down 1.59% or 0.015 points to 0.931.
The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD:) which rose 14.62% to 2.43, Dana Gas (AD:) which was up 2.47% to settle at 0.830 and Gulf Cement Co (AD:) which gained 2.00% to close at 1.0200.
The worst performers were Ad Aviation (AD:) which was down 8.00% to 2.760 in late trade, Rak Ceramics (AD:) which lost 6.32% to settle at 2.370 and Abu Dhabi National for Building Materials Co PJSC (AD:) which was down 4.26% to 0.450 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 23 to 7 and 7 ended unchanged; on the Abu Dhabi, 12 fell and 10 advanced, while 6 ended unchanged.
Shares in Takaful Emarat PSC (DU:) fell to 52-week lows; down 4.35% or 0.090 to 1.980. Shares in Al Khaleej Investment Co PJSC (AD:) rose to 52-week highs; up 14.62% or 0.31 to 2.43. Shares in Dana Gas (AD:) rose to 3-years highs; up 2.47% or 0.020 to 0.830. Shares in Abu Dhabi National for Building Materials Co PJSC (AD:) fell to 52-week lows; falling 4.26% or 0.020 to 0.450.
Crude oil for October delivery was up 1.08% or 0.53 to $49.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.98% or 0.54 to hit $55.70 a barrel, while the December Gold Futures contract rose 0.02% or 0.28 to trade at $1328.28 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.10% to 4.3699.
The US Dollar Index Futures was down 0.09% at 92.31.
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