Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Transport, Insurance and Banking sectors propelled shares lower.
At the close in Dubai, the DFM General fell 0.06%, while the ADX General index fell 0.61%.
The biggest gainers of the session on the DFM General were Gulf General Investments Company (DU:GGIC), which rose 1.79% or 0.010 points to trade at 0.570 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 1.28% or 0.020 points to end at 1.580 and Dubai Investments PJSC (DU:DINV) was up 1.00% or 0.020 points to 2.030 in late trade.
Biggest losers included Mashreqbank PSC (DU:MASB), which lost 9.52% or 6.95 points to trade at 66.05 in late trade. Takaful House (DU:DTKF) declined 2.49% or 0.023 points to end at 0.902 and ARAMEX PJSC (DU:ARMX) shed 2.43% or 0.080 points to 3.210.
The top performers on the ADX General were Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which rose 8.70% to 0.500, Arkan Building Materials Co PJSC (AD:ARKN) which was up 8.24% to settle at 0.9200 and Bank Of Sharja (AD:BOS) which gained 7.14% to close at 1.350.
The worst performers were Rak Properties (AD:RPRO) which was down 3.39% to 0.570 in late trade, Methaq (AD:METH) which lost 2.53% to settle at 0.770 and Ad Commercial (AD:ADCB) which was down 2.29% to 5.98 at the close.
Declining stocks outnumbered rising ones by 18 to 12 and 6 ended unchanged; on the Abu Dhabi, 10 fell and 8 advanced, while 7 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for August delivery was up 2.63% or 1.22 to $47.55 a barrel. Meanwhile, Brent oil for delivery in September rose 2.47% or 1.18 to hit $48.95 a barrel, while the August Gold contract fell 1.02% or 13.50 to trade at $1311.20 a troy ounce.
USD/AED was down 0.01% to 3.6726, while EUR/AED rose 0.53% to 4.0725.
The US Dollar Index was down 0.52% at 96.05.