Investing.com – United Arab Emirates stocks were lower after the close on Wednesday, as losses in the Finance & Investment, Services and Insurance sectors led shares lower.
At the close in Dubai, the DFM General lost 0.54%, while the ADX General index fell 0.40%.
The best performers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 4.11% or 0.017 points to trade at 0.431 at the close. Meanwhile, Union Properties PJSC (DU:UPRO) added 1.25% or 0.010 points to end at 0.810 and Dubai Financial Market PJSC (DU:DFM) was up 0.93% or 0.010 points to 1.080 in late trade.
The worst performers of the session were Takaful House (DU:DTKF), which fell 5.59% or 0.038 points to trade at 0.642 at the close. Damac Properties Dubai Co PSC (DU:DAMAC) declined 2.51% or 0.060 points to end at 2.330 and Dubai Investments PJSC (DU:DINV) was down 2.44% or 0.050 points to 2.000.
The top performers on the ADX General were National Takaful Co PJSC (AD:WATA) which rose 5.56% to 0.57, Invest Bank AD (AD:INVB) which was up 4.17% to settle at 2.500 and Waha Capital (AD:WAHA) which gained 2.33% to close at 1.760.
The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) which was down 9.84% to 1.65 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which lost 3.39% to settle at 0.570 and Sharjah Cement AD (AD:SCID) which was down 2.00% to 0.980 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 21 to 12 and 5 ended unchanged; on the Abu Dhabi, 9 fell and 9 advanced, while 7 ended unchanged.
Crude oil for July delivery was up 0.15% or 0.10 to $66.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.44% or 0.33 to hit $75.82 a barrel, while the June Gold Futures contract fell 0.15% or 2.00 to trade at $1297.00 a troy ounce.
USD/AED was unchanged 0.00% to 3.6732, while EUR/AED rose 0.82% to 4.2718.
The US Dollar Index Futures was down 0.56% at 94.28.