Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Banking, Services and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General lost 0.93%, while the ADX General index lost 0.89%.
The best performers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 3.85% or 0.020 points to trade at 0.540 at the close. Meanwhile, Takaful Emarat PSC (DU:TKFE) added 3.23% or 0.050 points to end at 1.600 and SHUAA Capital PSC (DU:SHUA) was up 2.56% or 0.010 points to 0.400 in late trade.
The worst performers of the session were Dubai Islamic Bank (DU:DISB), which fell 4.53% or 0.290 points to trade at 6.110 at the close. Gulf General Investments Company (DU:GGIC) declined 2.52% or 0.017 points to end at 0.658 and Amanat Holdings PJSC (DU:AMANT) was down 2.41% or 0.019 points to 0.771.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 7.01% to 2.90, Natl Bk Of Ad (AD:NBAD) which was up 4.84% to settle at 8.02 and Dana Gas (AD:DANA) which gained 2.08% to close at 0.480.
The worst performers were Arkan Bld Mt C (AD:ARKN) which was down 8.89% to 0.82 in late trade, Invest Bank AD (AD:INVB) which lost 5.00% to settle at 1.90 and Emirates Telec (AD:ETEL) which was down 4.85% to 15.70 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 17 to 9 and 1 ended unchanged; on the Abu Dhabi Stock Exchange, 15 fell and 9 advanced, while 4 ended unchanged.
Shares in Invest Bank AD (AD:INVB) fell to 52-week lows; falling 5.00% or 0.10 to 1.90.
Crude oil for January delivery was down 2.32% or 0.95 to $40.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 1.41% or 0.62 to hit $43.22 a barrel, while the February Gold contract rose 2.31% or 24.50 to trade at $1085.70 a troy ounce.
USD/AED was up 0.01% to 3.6730, while EUR/AED fell 0.55% to 3.9975.
The US Dollar Index was up 0.46% at 98.27.