Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Transport, Banking and Services sectors propelled shares higher.
At the close in Dubai, the DFM General added 0.38% to hit a new 1-month high, while the ADX General index added 0.17%.
The biggest gainers of the session on the DFM General were Air Arabia PJSC (DU:AIRA), which rose 3.20% or 0.040 points to trade at 1.290 at the close. Dubai Islamic Insurance Co. (DU:AMAN) added 2.57% or 0.022 points to end at 0.877 and National Central Cooling Co. (DU:TABR) was up 2.14% or 0.040 points to 1.910 in late trade.
Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 3.49% or 0.080 points to trade at 2.210 in late trade. SHUAA Capital PSC (DU:SHUA) declined 2.50% or 0.030 points to end at 1.170 and Gulf General Investments Company (DU:GGIC) shed 1.74% or 0.007 points to 0.395.
The top performers on the ADX General were Emirates Ins C (AD:EIC) which rose 15.00% to 6.90, Sharjah Islami (AD:SIB) which was up 8.57% to settle at 1.520 and Rak Cement Co (AD:RKCC) which gained 5.71% to close at 0.740.
The worst performers were United Arab Bk (AD:UAB) which was down 9.77% to 1.940 in late trade, National Corp Tourism Hotels (AD:NCTH) which lost 2.80% to settle at 2.08 and Gulf Pharm Ind (AD:GPHI) which was down 2.08% to 2.350 at the close.
Advancing stocks outnumbered falling ones by 16 to 14 and 9 ended unchanged; on the Abu Dhabi, 14 rose and 9 declined, while 7 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.29% or 0.18 to $61.91 a barrel. Meanwhile, Brent oil for delivery in March rose 0.09% or 0.06 to hit $67.84 a barrel, while the February Gold Futures contract fell 0.39% or 5.10 to trade at $1315.30 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.35% to 4.3805.
The US Dollar Index Futures was up 0.26% at 92.32.