Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Banking, Transport and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General fell 0.27% to hit a new 52-week low, while the ADX General index declined 1.09%.
The best performers of the session on the DFM General were Arabtec Holding PJSC (DU:ARTC), which rose 8.75% or 0.140 points to trade at 1.740 at the close. Meanwhile, Drake & Scull International PJSC (DU:DSI) added 4.76% or 0.050 points to end at 1.100 and Amanat Holdings PJSC (DU:AMANT) was up 2.29% or 0.030 points to 1.340 in late trade.
The worst performers of the session were Dubai Insurance Co PSC (DU:DINC), which fell 2.86% or 0.100 points to trade at 3.400 at the close. Amlak Finance PJSC (DU:AMLK) declined 2.67% or 0.020 points to end at 0.730 and National Central Cooling Co. (DU:TABR) was down 1.72% or 0.030 points to 1.710.
The top performers on the ADX General were Methaq (AD:METH) which rose 4.05% to 0.770, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 3.33% to settle at 0.620 and Eshraq Properties Co PJSC (AD:ESHR) which gained 2.82% to close at 0.7300.
The worst performers were Nat Bk Qaiwain (AD:NBQ) which was down 10.00% to 2.70 in late trade, National Marine Dredging PSC (AD:NMDC) which lost 9.97% to settle at 2.800 and Abd Nat Takafu (AD:TKFL) which was down 9.44% to 4.70 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 15 and 4 ended unchanged; on the Abu Dhabi, 15 fell and 7 advanced, while 8 ended unchanged.
Shares in Amlak Finance PJSC (DU:AMLK) fell to all time lows; losing 2.67% or 0.020 to 0.730.
Crude oil for June delivery was up 0.51% or 0.36 to $71.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.13% or 0.10 to hit $77.31 a barrel, while the June Gold Futures contract rose 0.23% or 3.00 to trade at $1316.00 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.25% to 4.3638.
The US Dollar Index Futures was down 0.12% at 92.84.