Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Insurance and Services sectors led shares lower.
At the close in Dubai, the DFM General fell 0.02%, while the ADX General index lost 0.38%.
The best performers of the session on the DFM General were AJMAN BANK PJSC (DU:AJBNK), which rose 1.87% or 0.020 points to trade at 1.090 at the close. Meanwhile, Arabtec Holding PJSC (DU:ARTC) added 1.74% or 0.040 points to end at 2.340 and ARAMEX PJSC (DU:ARMX) was up 1.16% or 0.050 points to 4.350 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 2.02% or 0.007 points to trade at 0.340 at the close. National Central Cooling Co. (DU:TABR) declined 1.85% or 0.030 points to end at 1.590 and Islamic Arab Insurance Company (DU:SALAMA) was down 1.57% or 0.007 points to 0.440.
The top performers on the ADX General were Gulf Cement Co (AD:GCEM) which rose 3.92% to 1.0600, Union Cement (AD:UCC) which was up 1.65% to settle at 1.850 and Methaq (AD:METH) which gained 1.22% to close at 0.830.
The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 6.94% to 0.6700 in late trade, Ad Natl Energy (AD:TAQA) which lost 6.85% to settle at 0.680 and Union Natl Bk (AD:UNB) which was down 4.91% to 3.680 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 23 to 9 and 6 ended unchanged; on the Abu Dhabi, 15 fell and 9 advanced, while 6 ended unchanged.
Shares in Gulf General Investments Company (DU:GGIC) fell to 3-years lows; falling 2.02% or 0.007 to 0.340. Shares in National Central Cooling Co. (DU:TABR) fell to 52-week lows; down 1.85% or 0.030 to 1.590. Shares in Union Cement (AD:UCC) rose to 3-years highs; rising 1.65% or 0.030 to 1.850. Shares in Union Natl Bk (AD:UNB) fell to 52-week lows; falling 4.91% or 0.190 to 3.680.
Crude oil for May delivery was up 1.14% or 0.71 to $62.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 1.18% or 0.78 to hit $66.83 a barrel, while the April Gold Futures contract fell 0.39% or 5.20 to trade at $1312.60 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.26% to 4.5205.
The US Dollar Index Futures was up 0.21% at 89.66.