Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Real Estate & Construction, Finance & Investment and Telecoms sectors led shares higher.
At the close in Dubai, the DFM General rose 0.33% to hit a new 1-month high, while the ADX General index gained 0.86%.
The best performers of the session on the DFM General were Emaar Malls (DU:EMAA), which rose 2.38% or 0.050 points to trade at 2.150 at the close. Meanwhile, Dubai Financial Market PJSC (DU:DFM) added 1.85% or 0.020 points to end at 1.100 and Emaar Properties PJSC (DU:EMAR) was up 1.83% or 0.100 points to 5.550 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 3.16% or 0.009 points to trade at 0.276 at the close. Gulf Navigation Holding PJSC (DU:GNAV) declined 1.96% or 0.020 points to end at 1.000 and Arabtec Holding PJSC (DU:ARTC) was down 1.46% or 0.030 points to 2.030.
The top performers on the ADX General were Commercial Bank International (AD:CBI) which rose 13.92% to 0.900, National Takaful Co PJSC (AD:WATA) which was up 7.94% to settle at 0.68 and Sharjah Group Co (AD:SG) which gained 7.69% to close at 1.40.
The worst performers were Gulf Pharm Ind (AD:GPHI) which was down 9.57% to 2.080 in late trade, Sharjah Cement AD (AD:SCID) which lost 9.00% to settle at 0.910 and International Holding Company PJSC (AD:IHC) which was down 8.09% to 1.25 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 13 and 5 ended unchanged; on the Abu Dhabi, 19 rose and 12 declined, while 2 ended unchanged.
Shares in Gulf Navigation Holding PJSC (DU:GNAV) fell to 52-week lows; losing 1.96% or 0.020 to 1.000. Shares in International Holding Company PJSC (AD:IHC) fell to 52-week lows; losing 8.09% or 0.11 to 1.25.
Crude oil for July delivery was down 0.42% or 0.27 to $64.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.43% or 1.08 to hit $74.21 a barrel, while the August Gold Futures contract fell 0.21% or 2.70 to trade at $1294.60 a troy ounce.
USD/AED was unchanged 0.00% to 3.6732, while EUR/AED fell 0.09% to 4.2923.
The US Dollar Index Futures was up 0.05% at 94.07.