Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Finance & Investment and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General fell 2.53% to hit a new 3-months low, while the ADX General index declined 1.97%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 2.77% or 0.016 points to trade at 0.594 at the close. Meanwhile, Dubai National Insurance (DU:DNIN) added 1.79% or 0.050 points to end at 2.850 and Emirate Integrated Telecom Co PJSC (DU:DU) was up 0.19% or 0.010 points to 5.290 in late trade.
The worst performers of the session were SHUAA Capital PSC (DU:SHUA), which fell 5.26% or 0.030 points to trade at 0.540 at the close. Arabtec Holding PJSC (DU:ARTC) declined 4.63% or 0.100 points to end at 2.060 and Dubai Financial Market PJSC (DU:DFM) was down 4.52% or 0.080 points to 1.690.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 4.74% to 3.98, Al-Qaiwain Cmn (AD:QCEM) which was unchanged 0.00% to settle at 1.10 and Gulf Medical Projects Co PSC (AD:GMPC) which unchanged 0.00% to close at 2.80.
The worst performers were Ad Natl Ins Co (AD:ADNI) which was down 10.00% to 4.32 in late trade, Union Natl Bk (AD:UNB) which lost 5.19% to settle at 6.21 and Sharjah Cement AD (AD:SCID) which was down 4.76% to 1.00 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 23 to 3 and 1 ended unchanged; on the Abu Dhabi Stock Exchange, 27 fell and 1 advanced, while 2 ended unchanged.
Shares in SHUAA Capital PSC (DU:SHUA) fell to 52-week lows; losing 5.26% or 0.030 to 0.540. Shares in Arabtec Holding PJSC (DU:ARTC) fell to 52-week lows; falling 4.63% or 0.100 to 2.060. Shares in Ad Shipbldg Co (AD:ADSB) rose to 52-week highs; gaining 4.74% or 0.18 to 3.98. Shares in Ad Natl Ins Co (AD:ADNI) fell to all time lows; down 10.00% or 0.48 to 4.32. Shares in Al-Qaiwain Cmn (AD:QCEM) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 1.10.
Crude oil for October delivery was down 0.48% or 0.20 to $42.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.39% or 0.19 to hit $48.55 a barrel, while the December Gold contract rose 0.08% or 0.90 to trade at $1119.30 a troy ounce.
USD/AED was unchanged 0.00% to 3.6731, while EUR/AED fell 0.13% to 4.0648.
The US Dollar Index was down 0.03% at 96.80.