United Arab Emirates shares lower at close of trade; DFM General down 0.68%
Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Real Estate & Construction , Consumer Staples and Transport sectors propelled shares lower.
At the close in Dubai, the DFM General fell 0.68%, while the ADX General index lost 0.08%.
The biggest gainers of the session on the DFM General were National General Insurance Co PSC (DU: NGIN ), which rose 14.90% or 0.31 points to trade at 2.39 at the close. Emaar Properties PJSC (DU: EMAR ) added 1.25% or 0.100 points to end at 8.110 and Emaar Malls (DU: EMAA ) was up 1.20% or 0.030 points to 2.540 in late trade.
Biggest losers included Damac Properties Dubai Co PSC (DU: DAMAC ), which lost 9.03% or 0.400 points to trade at 4.030 in late trade. Marka Pjse (DU: MARKA ) declined 2.61% or 0.02 points to end at 0.71 and Islamic Arab Insurance Company (DU: SALAMA ) shed 1.73% or 0.008 points to 0.454.
The top performers on the ADX General were Fujairah Cement Industries Co PSC (AD: FCI ) which rose 6.80% to 1.100, Gulf Pharm Ind (AD: GPHI ) which was up 3.91% to settle at 2.390 and Rak Ceramics (AD: RKCE ) which gained 2.13% to close at 2.400.
The worst performers were Sharjah Islami (AD: SIB ) which was down 3.57% to 1.350 in late trade, United Arab Bk (AD: UAB ) which lost 3.33% to settle at 1.450 and Abu Dhabi National Hotels Co (AD: ADNH ) which was down 3.13% to 3.10 at the close.
Declining stocks outnumbered rising ones by 21 to 6 and 7 ended unchanged; on the Abu Dhabi, 13 rose and 10 declined, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.85% or 0.39 to $46.41 a barrel. Meanwhile, Brent oil for delivery in September rose 0.95% or 0.46 to hit $48.88 a barrel, while the August Gold Futures contract rose 0.27% or 3.32 to trade at $1237.02 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.64% to 4.2433.
The US Dollar Index Futures was down 0.48% at 94.46.
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.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or