Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Telecoms, Services and Banking sectors propelled shares lower.
At the close in Dubai, the DFM General fell 0.11%, while the ADX General index fell 1.10%.
The biggest gainers of the session on the DFM General were Union Properties PJSC (DU:UPRO), which rose 2.78% or 0.020 points to trade at 0.740 at the close. Takaful House (DU:DTKF) added 2.71% or 0.013 points to end at 0.492 and Islamic Arab Insurance Company (DU:SALAMA) was up 2.55% or 0.012 points to 0.483 in late trade.
Biggest losers included Mashreqbank PSC (DU:MASB), which lost 8.15% or 5.95 points to trade at 67.05 in late trade. Takaful Emarat PSC (DU:TKFE) declined 2.17% or 0.040 points to end at 1.800 and National Central Cooling Co. (DU:TABR) shed 1.48% or 0.020 points to 1.330.
The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 14.67% to 0.860, Int Fish Farmi (AD:ASMK) which was up 14.29% to settle at 1.52 and Rak Properties (AD:RPRO) which gained 11.11% to close at 0.600.
The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 9.85% to 5.58 in late trade, Al Khazna Ins (AD:AKIC) which lost 9.76% to settle at 0.370 and Natl Bk Of Ad (AD:NBAD) which was down 4.94% to 8.27 at the close.
Advancing stocks outnumbered falling ones by 15 to 14 and 4 ended unchanged; on the Abu Dhabi, 13 rose and 11 declined, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for June delivery was unchanged 0.00% or 0.00 to $43.44 a barrel. Meanwhile, Brent oil for delivery in July rose 1.12% or 0.49 to hit $44.12 a barrel, while the June Gold contract rose 0.03% or 0.40 to trade at $1267.00 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.13% to 4.1751.
The US Dollar Index was up 0.12% at 94.25.