Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Finance & Investment, Services and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General fell 0.28%, while the ADX General index declined 0.10%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 14.93% or 0.100 points to trade at 0.770 at the close. Meanwhile, Air Arabia PJSC (DU:AIRA) added 1.94% or 0.020 points to end at 1.050 and Dubai Islamic Insurance Co. (DU:AMAN) was up 1.60% or 0.011 points to 0.699 in late trade.
The worst performers of the session were National Central Cooling Co. (DU:TABR), which fell 3.83% or 0.070 points to trade at 1.760 at the close. Dubai Investments PJSC (DU:DINV) declined 2.94% or 0.060 points to end at 1.980 and Emaar Development PJSC (DU:EMAARDEV) was down 1.95% or 0.100 points to 5.040.
The top performers on the ADX General were Sharjah Islami (AD:SIB) which rose 3.36% to 1.230, Sharjah Group Co (AD:SG) which was up 2.27% to settle at 1.35 and Dana Gas (AD:DANA) which gained 1.96% to close at 1.040.
The worst performers were Rak Cmt & Cons (AD:RAKC) which was down 9.80% to 0.920 in late trade, Gulf Cement Co (AD:GCEM) which lost 6.80% to settle at 0.9600 and Ad Natl Energy (AD:TAQA) which was down 4.76% to 1.200 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 24 to 7 and 1 ended unchanged; on the Abu Dhabi, 11 fell and 9 advanced, while 6 ended unchanged.
Crude oil for August delivery was up 0.50% or 0.35 to $70.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.99% or 0.73 to hit $74.13 a barrel, while the August Gold Futures contract fell 0.11% or 1.40 to trade at $1243.00 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.11% to 4.2838.
The US Dollar Index Futures was up 0.21% at 94.68.