Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Telecoms, Banking and Insurance sectors led shares higher.
At the close in Dubai, the DFM General rose 0.64%, while the ADX General index added 0.24%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 7.14% or 0.080 points to trade at 1.200 at the close. Meanwhile, AJMAN BANK PJSC (DU:AJBNK) added 3.60% or 0.040 points to end at 1.150 and Commercial Bank of Dubai P.S.C. (DU:CBD) was up 2.35% or 0.100 points to 4.350 in late trade.
The worst performers of the session were SHUAA Capital PSC (DU:SHUA), which fell 1.68% or 0.020 points to trade at 1.170 at the close. ARAMEX PJSC (DU:ARMX) declined 1.31% or 0.070 points to end at 5.290 and Air Arabia PJSC (DU:AIRA) was down 0.96% or 0.010 points to 1.030.
The top performers on the ADX General were Finance House (AD:FH) which rose 15.00% to 1.840, Rak Cement Co (AD:RKCC) which was up 3.90% to settle at 0.800 and Abu Dhabi National Hotels Co (AD:ADNH) which gained 3.23% to close at 3.20.
The worst performers were Union Cement (AD:UCC) which was down 6.67% to 1.260 in late trade, Invest Bank AD (AD:INVB) which lost 5.51% to settle at 2.400 and Rak Properties (AD:RPRO) which was down 1.54% to 0.640 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 21 to 10 and 6 ended unchanged; on the Abu Dhabi, 12 rose and 7 declined, while 9 ended unchanged.
Crude oil for August delivery was down 1.10% or 0.49 to $43.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.13% or 0.53 to hit $46.35 a barrel, while the August Gold Futures contract fell 0.24% or 2.90 to trade at $1210.30 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED fell 0.04% to 4.1856.
The US Dollar Index Futures was up 0.05% at 95.86.