Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Banking, Consumer Staples and Real Estate & Construction sectors led shares higher.
At the close in Dubai, the DFM General added 0.25%, while the ADX General index climbed 1.00%.
The best performers of the session on the DFM General were Dubai Islamic Bank (DU:DISB), which rose 2.43% or 0.130 points to trade at 5.480 at the close. Meanwhile, Emaar Properties PJSC (DU:EMAR) added 1.25% or 0.070 points to end at 5.660 and Gulf Navigation Holding PJSC (DU:GNAV) was up 0.98% or 0.010 points to 1.030 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 9.76% or 0.028 points to trade at 0.259 at the close. ARAMEX PJSC (DU:ARMX) declined 3.26% or 0.140 points to end at 4.160 and Dubai Islamic Insurance Co. (DU:AMAN) was down 2.24% or 0.016 points to 0.698.
The top performers on the ADX General were Ad Natl Energy (AD:TAQA) which rose 5.38% to 0.980, Ad Natl Ins Co (AD:ADNI) which was up 5.26% to settle at 3.600 and Al Khazna Ins (AD:AKIC) which gained 4.35% to close at 0.240.
The worst performers were Commercial Bank International (AD:CBI) which was down 8.86% to 0.720 in late trade, Waha Capital (AD:WAHA) which lost 3.26% to settle at 1.780 and Eshraq Properties Co PJSC (AD:ESHR) which was down 2.63% to 0.7400 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 18 to 14 and 5 ended unchanged; on the Abu Dhabi, 13 rose and 7 declined, while 9 ended unchanged.
Shares in Gulf General Investments Company (DU:GGIC) fell to 5-year lows; falling 9.76% or 0.028 to 0.259. Shares in Ad Natl Energy (AD:TAQA) rose to 3-years highs; gaining 5.38% or 0.050 to 0.980. Shares in Commercial Bank International (AD:CBI) fell to 3-years lows; down 8.86% or 0.070 to 0.720. Shares in Al Khazna Ins (AD:AKIC) rose to all time lows; up 4.35% or 0.010 to 0.240.
Crude oil for May delivery was up 1.36% or 0.86 to $64.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.35% or 0.93 to hit $69.58 a barrel, while the June Gold Futures contract fell 0.02% or 0.30 to trade at $1339.80 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED rose 0.05% to 4.5269.
The US Dollar Index Futures was down 0.03% at 89.50.