In the last day of trading for this week, the UAE stock markets exhibited a positive trend as the Dubai Financial Market was going up by 0.42 per cent to hit 1,106.73.
The Abu Dhabi Securities Market grew by 0.47 per cent and was trading at 5,430.98 compared to the previous closing of 5,405.77.
In a relatively thin trade volume, and through 3,933 transactions all sectors on the DFM was slightly up with the Insurance sector gaining 0.62 per cent. The Investment sector was up 0.53 per cent. The Banking went up by 0.38 per cent and Services sector added 0.44 per cent.
The sectors on the ADSM were in mixed mood. The Service sector peaked at 3,205.67 (0.32per cent gain). The Industrial sector jumped by 1.86 per cent and the Banking sector up by 0.46 per cent. The Hotels Index was down by 0.23 per cent, while the Insurance sector lost 0.11 per cent.
The top three movers on the DFM were Dubai National Insurance which grew by 5.06 per cent, Arab Insurance Group which rose by 2.73 percent and National Bank of Dubai rose by 2.12 per cent.
The top losers on the DFM were Amlak Finance which fell by 1.65 per cent, Int. Financial Advisers lost 1.31 per cent and Emirates Bank Int. which shed 0.86 per cent.
The top five advancers on the ADSM were Dana Gas which was up by 9.95 per cent, Ras Al Khaimah Cement Company which added 5.54 per cent, RAK Properties added 4.83 per cent, Umm Al-Qaiwain Cement Industries Co. gained 3.67 per cent and Emirates Food Stuff and Mineral Water Co. up by 3.12 per cent.
The laggards on the ADSM were Abu Dhabi National Takaful Co. PJSC which dipped by 2.98 per cent, Abu Dhabi Ship Building Co. lost 2.27 per cent, Sharjah Islamic Bank fell by 2.03 per cent and Al Wathba Insurance Co. P.S.C by 1.15 per cent.
