Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Consumer Staples , Finance & Investment and Real Estate & Construction sectors propelled shares lower.
The biggest gainers of the session on the DFM General were Dubai Insurance Co PSC (DU: DINC ), which rose 11.11% or 0.370 points to trade at 3.700 at the close. Commercial Bank of Dubai P.S.C. (DU: CBD ) added 1.27% or 0.050 points to end at 4.000 and Gulf Navigation Holding PJSC (DU: GNAV ) was up 0.70% or 0.010 points to 1.440 in late trade.
Biggest losers included Damac Properties Dubai Co PSC (DU: DAMAC ), which lost 6.02% or 0.230 points to trade at 3.590 in late trade. Takaful House (DU: DTKF ) declined 5.62% or 0.054 points to end at 0.906 and DXB Entertainments (P.J.S.C.) (DU: DXBE ) shed 5.02% or 0.036 points to 0.681.
The top performers on the ADX General were Finance House (AD: FH ) which rose 3.93% to 1.850, Ad Natl Energy (AD: TAQA ) which was up 3.17% to settle at 0.650 and Aldar Properti (AD: ALDR ) which gained 1.33% to close at 2.280.
The worst performers were Abu Dhabi National Hotels Co (AD: ADNH ) which was down 8.47% to 2.70 in late trade, Rak Cement Co (AD: RKCC ) which lost 5.33% to settle at 0.710 and Arkan Building Materials Co PJSC (AD: ARKN ) which was down 4.48% to 0.6400 at the close.
Declining stocks outnumbered rising ones by 33 to 5 and 2 ended unchanged; on the Abu Dhabi, 16 fell and 5 advanced, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for December delivery was down 0.02% or 0.01 to $57.34 a barrel. Meanwhile, Brent oil for delivery in January fell 0.28% or 0.18 to hit $64.09 a barrel, while the December Gold Futures contract fell 0.35% or 4.50 to trade at $1277.10 a troy ounce.
USD/AED was up 0.01% to 3.6730, while EUR/AED fell 0.37% to 4.2484.
The US Dollar Index Futures was up 0.40% at 95.00.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.