Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Finance & Investment and Insurance sectors led shares lower.
At the close in Dubai, the DFM General lost 0.06%, while the ADX General index fell 0.48%.
The best performers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 3.17% or 0.040 points to trade at 1.300 at the close. Meanwhile, Drake & Scull International PJSC (DU:DSI) added 1.06% or 0.004 points to end at 0.382 and Takaful Emarat PSC (DU:TKFE) was up 0.97% or 0.020 points to 2.080 in late trade.
The worst performers of the session were Islamic Arab Insurance Company (DU:SALAMA), which fell 1.89% or 0.009 points to trade at 0.467 at the close. Union Properties PJSC (DU:UPRO) declined 1.45% or 0.013 points to end at 0.886 and Deyaar Development PJSC (DU:DEYR) was down 1.34% or 0.007 points to 0.515.
The top performers on the ADX General were Rak Cmt & Cons (AD:RAKC) which rose 11.76% to 1.140, Ad Aviation (AD:ADAV) which was up 3.85% to settle at 2.700 and Natl Bk Of Rak (AD:RAKB) which gained 2.61% to close at 4.72.
The worst performers were Agthia Group (AD:AGTH) which was down 2.78% to 5.25 in late trade, Dana Gas (AD:DANA) which lost 1.54% to settle at 0.640 and First Abu Dhabi Bank PJSC (AD:FAB) which was down 1.42% to 10.40 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 21 to 14 and 5 ended unchanged; on the Abu Dhabi, 6 rose and 4 declined, while 15 ended unchanged.
Crude oil for October delivery was up 0.15% or 0.07 to $46.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.37% or 0.19 to hit $51.23 a barrel, while the December Gold Futures contract rose 0.76% or 10.06 to trade at $1325.36 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.51% to 4.4217.
The US Dollar Index Futures was down 0.49% at 91.72.