United Arab Emirates shares lower at close of trade; DFM General down 0.98%
Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Transport , Banking and Finance & Investment sectors propelled shares lower.
At the close in Dubai, the DFM General declined 0.98%, while the ADX General index fell 0.92%.
The biggest gainers of the session on the DFM General were National General Insurance Co PSC (DU: NGIN ), which rose 7.78% or 0.13 points to trade at 1.80 at the close. SHUAA Capital PSC (DU: SHUA ) added 6.62% or 0.100 points to end at 1.610 and Marka Pjse (DU: MARKA ) was up 4.11% or 0.06 points to 1.52 in late trade.
Biggest losers included ARAMEX PJSC (DU: ARMX ), which lost 2.67% or 0.120 points to trade at 4.380 in late trade. Dubai Financial Market PJSC (DU: DFM ) declined 2.27% or 0.030 points to end at 1.290 and Air Arabia PJSC (DU: AIRA ) shed 2.13% or 0.030 points to 1.380.
The top performers on the ADX General were Eshraq Properties Co PJSC (AD: ESHR ) which rose 8.26% to 1.1800, Rak Cement Co (AD: RKCC ) which was up 7.69% to settle at 0.980 and Ad Natl Ins Co (AD: ADNI ) which gained 4.17% to close at 2.500.
The worst performers were Int Fish Farmi (AD: ASMK ) which was down 9.89% to 2.37 in late trade, Al Khazna Ins (AD: AKIC ) which lost 7.14% to settle at 0.390 and Dana Gas (AD: DANA ) which was down 3.57% to 0.540 at the close.
Declining stocks outnumbered rising ones by 25 to 14 and 3 ended unchanged; on the Abu Dhabi, 15 fell and 3 advanced, while 8 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for March delivery was down 0.51% or 0.27 to $52.36 a barrel. Meanwhile, Brent oil for delivery in April fell 0.16% or 0.09 to hit $55.23 a barrel, while the April Gold Futures contract rose 0.33% or 4.00 to trade at $1200.00 a troy ounce.
USD/AED was up 0.00% to 3.6730, while EUR/AED rose 0.06% to 3.9308.
The US Dollar Index Futures was unchanged 0.00% at 100.42.
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