Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Real Estate & Construction, Banking and Finance & Investment sectors propelled shares lower.
At the close in Dubai, the DFM General lost 1.53% to hit a new 1-month low, while the ADX General index fell 0.28%.
The biggest gainers of the session on the DFM General were Takaful House (DU:DTKF), which rose 3.42% or 0.040 points to trade at 1.210 at the close. ARAMEX PJSC (DU:ARMX) added 2.67% or 0.130 points to end at 5.000 and Dubai Islamic Insurance Co. (DU:AMAN) was up 2.59% or 0.024 points to 0.949 in late trade.
Biggest losers included Emaar Properties PJSC (DU:EMAR), which lost 3.79% or 0.290 points to trade at 7.360 in late trade. Arabtec Holding PJSC (DU:ARTC) declined 2.14% or 0.020 points to end at 0.914 and Emirates NBD PJSC (DU:ENBD) shed 2.05% or 0.170 points to 8.130.
The top performers on the ADX General were National Corp Tourism Hotels (AD:NCTH) which rose 14.83% to 3.33, Ad Shipbldg Co (AD:ADSB) which was up 2.63% to settle at 2.730 and Agthia Group (AD:AGTH) which gained 2.38% to close at 6.45.
The worst performers were Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) which was down 9.52% to 0.9500 in late trade, Commercial Bank International (AD:CBI) which lost 8.59% to settle at 1.810 and Em Driving Co (AD:DRIV) which was down 8.11% to 8.50 at the close.
Declining stocks outnumbered rising ones by 23 to 7 and 7 ended unchanged; on the Abu Dhabi, 16 fell and 9 advanced, while 12 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for April delivery was up 0.36% or 0.19 to $53.39 a barrel. Meanwhile, Brent oil for delivery in May rose 0.29% or 0.16 to hit $56.17 a barrel, while the April Gold Futures contract fell 0.09% or 1.05 to trade at $1224.45 a troy ounce.
USD/AED was up 0.01% to 3.6730, while EUR/AED fell 0.09% to 3.8839.
The US Dollar Index Futures was up 0.08% at 101.75.