Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Transport, Real Estate & Construction and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General fell 1.43% to hit a new 6-months low, while the ADX General index fell 1.03%.
The best performers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 2.29% or 0.030 points to trade at 1.340 at the close. Meanwhile, Gulf Navigation Holding PJSC (DU:GNAV) added 1.50% or 0.020 points to end at 1.350 and Emirate Integrated Telecom Co PJSC (DU:DU) was up 1.22% or 0.060 points to 4.990 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 7.00% or 0.140 points to trade at 1.860 at the close. ARAMEX PJSC (DU:ARMX) declined 5.31% or 0.250 points to end at 4.460 and Emaar Properties PJSC (DU:EMAR) was down 3.74% or 0.270 points to 6.950.
The top performers on the ADX General were Gulf Medical Projects Co PSC (AD:GMPC) which rose 14.68% to 2.50, Rak Cement Co (AD:RKCC) which was up 7.94% to settle at 0.680 and Abu Dhabi National Hotels Co (AD:ADNH) which gained 7.41% to close at 2.90.
The worst performers were Nat Bk Qaiwain (AD:NBQ) which was down 6.67% to 2.80 in late trade, Ad Natl Ins Co (AD:ADNI) which lost 5.26% to settle at 3.600 and Ad Natl Energy (AD:TAQA) which was down 5.00% to 0.570 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 25 to 10 and 4 ended unchanged; on the Abu Dhabi, 20 fell and 7 advanced, while 7 ended unchanged.
Shares in Amanat Holdings PJSC (DU:AMANT) rose to all time highs; gaining 2.29% or 0.030 to 1.340. Shares in Takaful Emarat PSC (DU:TKFE) fell to 52-week lows; falling 7.00% or 0.140 to 1.860. Shares in Emaar Properties PJSC (DU:EMAR) fell to 52-week lows; down 3.74% or 0.270 to 6.950.
Crude oil for January delivery was down 0.09% or 0.05 to $56.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.02% or 0.01 to hit $62.45 a barrel, while the February Gold Futures contract rose 0.78% or 9.70 to trade at $1258.30 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.03% to 4.3455.
The US Dollar Index Futures was up 0.02% at 93.42.