Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Consumer Staples, Banking and Finance & Investment sectors propelled shares higher.
At the close in Dubai, the DFM General gained 1.46% to hit a new 3-month high, while the ADX General index added 0.39%.
The biggest gainers of the session on the DFM General were Emirates NBD PJSC (DU:ENBD), which rose 4.99% or 0.390 points to trade at 8.200 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 3.05% or 0.040 points to end at 1.350 and Deyaar Development PJSC (DU:DEYR) was up 2.54% or 0.017 points to 0.687 in late trade.
Biggest losers included Union Properties PJSC (DU:UPRO), which lost 1.64% or 0.015 points to trade at 0.900 in late trade. National Central Cooling Co. (DU:TABR) declined 1.40% or 0.020 points to end at 1.410 and Gulf Navigation Holding PJSC (DU:GNAV) shed 1.28% or 0.012 points to 0.928.
The top performers on the ADX General were Natl Co Bldg M (AD:BILD) which rose 10.00% to 0.550, Al Khazna Ins (AD:AKIC) which was up 6.06% to settle at 0.350 and National Marine Dredging PSC (AD:NMDC) which gained 3.37% to close at 5.21.
The worst performers were Green Crs Ins (AD:GCIC) which was down 8.70% to 0.840 in late trade, Gulf Cement Co (AD:GCEM) which lost 3.06% to settle at 0.95 and Eshraq Properties Co PJSC (AD:ESHR) which was down 2.30% to 0.8500 at the close.
Advancing stocks outnumbered falling ones by 13 to 12 and 3 ended unchanged; on the Abu Dhabi, 13 rose and 7 declined, while 7 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was up 0.67% or 0.27 to $40.63 a barrel. Meanwhile, Brent oil for delivery in June rose 1.00% or 0.43 to hit $43.26 a barrel, while the June Gold contract rose 0.06% or 0.80 to trade at $1258.80 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.03% to 4.1890.
The US Dollar Index was down 0.03% at 93.94.