Investing.com – United Arab Emirates stocks were mixed after the close on Wednesday, as gains in the Real Estate & Construction, Insurance and Telecoms sectors led shares higher while losses in the Services, Consumer Staples and Banking sectors led shares lower.
At the close in Dubai, the DFM General lost 0.27%, while the ADX General index gained 0.38%.
The best performers of the session on the DFM General were Emaar Properties PJSC (DU:EMAR), which rose 1.74% or 0.130 points to trade at 7.580 at the close. Meanwhile, Gulf General Investments Company (DU:GGIC) added 1.43% or 0.007 points to end at 0.497 and Emaar Malls (DU:EMAA) was up 1.15% or 0.030 points to 2.650 in late trade.
The worst performers of the session were Dubai Financial Market PJSC (DU:DFM), which fell 3.42% or 0.050 points to trade at 1.410 at the close. Amanat Holdings PJSC (DU:AMANT) declined 2.59% or 0.030 points to end at 1.130 and Emirates NBD PJSC (DU:ENBD) was down 2.18% or 0.180 points to 8.060.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 6.25% to 2.890, First Gulf Bk (AD:FGB) which was up 1.83% to settle at 13.90 and Buhaira Nat In (AD:ABNI) which gained 1.70% to close at 2.390.
The worst performers were Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) which was down 8.70% to 1.0500 in late trade, National Corp Tourism Hotels (AD:NCTH) which lost 3.33% to settle at 2.90 and Green Crs Ins (AD:GCIC) which was down 2.70% to 0.720 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 8 and 7 ended unchanged; on the Abu Dhabi, 17 fell and 6 advanced, while 6 ended unchanged.
Shares in First Gulf Bk (AD:FGB) rose to 52-week highs; gaining 1.83% or 0.25 to 13.90.
Crude oil for April delivery was up 0.24% or 0.13 to $54.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.39% or 0.22 to hit $56.73 a barrel, while the April Gold Futures contract fell 0.72% or 9.05 to trade at $1244.85 a troy ounce.
USD/AED was up 0.01% to 3.6729, while EUR/AED fell 0.33% to 3.8711.
The US Dollar Index Futures was up 0.38% at 101.72.