Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Finance & Investment and Transport sectors led shares lower.
At the close in Dubai, the DFM General fell 1.53% to hit a new 6-months low, while the ADX General index fell 0.90%.
The best performers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 0.99% or 0.010 points to trade at 1.020 at the close. Meanwhile, Emaar Development PJSC (DU:EMAARDEV) added 0.53% or 0.030 points to end at 5.680 and National Cement Company P.S.C. (DU:NCC) was unchanged 0.00% or 0.000 points to 2.850 in late trade.
The worst performers of the session were Marka Pjse (DU:MARKA), which fell 3.56% or 0.02 points to trade at 0.57 at the close. ARAMEX PJSC (DU:ARMX) declined 3.10% or 0.130 points to end at 4.060 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was down 3.02% or 0.019 points to 0.610.
The top performers on the ADX General were Methaq (AD:METH) which rose 8.14% to 0.930, Ad Aviation (AD:ADAV) which was up 4.48% to settle at 3.030 and Natl Bk Of Rak (AD:RAKB) which gained 3.00% to close at 4.80.
The worst performers were Gulf Medical Projects Co PSC (AD:GMPC) which was down 9.94% to 1.54 in late trade, Green Crs Ins (AD:GCIC) which lost 9.88% to settle at 0.730 and Ad Shipbldg Co (AD:ADSB) which was down 5.00% to 1.900 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 35 to 3 and 2 ended unchanged; on the Abu Dhabi, 21 fell and 5 advanced, while 7 ended unchanged.
Shares in ARAMEX PJSC (DU:ARMX) fell to 52-week lows; losing 3.10% or 0.130 to 4.060. Shares in DXB Entertainments (P.J.S.C.) (DU:DXBE) fell to all time lows; falling 3.02% or 0.019 to 0.610. Shares in Gulf Medical Projects Co PSC (AD:GMPC) fell to 3-years lows; falling 9.94% or 0.17 to 1.54.
Crude oil for March delivery was down 0.59% or 0.38 to $63.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.67% or 0.45 to hit $67.17 a barrel, while the April Gold Futures contract rose 0.67% or 8.90 to trade at $1345.40 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED rose 0.34% to 4.5576.
The US Dollar Index Futures was down 0.23% at 89.36.