Investing.com – United Arab Emirates stocks were mixed after the close on Wednesday, as gains in the Consumer Staples, Insurance and Telecoms sectors led shares higher while losses in the Real Estate & Construction, Finance & Investment and Transport sectors led shares lower.
At the close in Dubai, the DFM General declined 0.89%, while the ADX General index added 1.30%.
The best performers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 2.76% or 0.011 points to trade at 0.410 at the close. Meanwhile, Takaful House (DU:DTKF) added 1.68% or 0.011 points to end at 0.664 and National Central Cooling Co. (DU:TABR) was up 0.57% or 0.010 points to 1.760 in late trade.
The worst performers of the session were Arabtec Holding PJSC (DU:ARTC), which fell 2.91% or 0.060 points to trade at 2.000 at the close. Gulf General Investments Company (DU:GGIC) declined 2.55% or 0.007 points to end at 0.268 and Emirates NBD PJSC (DU:ENBD) was down 1.87% or 0.200 points to 10.500.
The top performers on the ADX General were First Abu Dhabi Bank PJSC (AD:FAB) which rose 4.26% to 12.25, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 3.45% to settle at 0.600 and International Holding Company PJSC (AD:IHC) which gained 2.19% to close at 1.40.
The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) which was down 8.57% to 1.60 in late trade, Green Crs Ins (AD:GCIC) which lost 8.47% to settle at 0.540 and Nat Bk Qaiwain (AD:NBQ) which was down 8.28% to 2.66 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 22 to 7 and 10 ended unchanged; on the Abu Dhabi, 17 fell and 9 advanced, while 4 ended unchanged.
Shares in Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) fell to 52-week lows; falling 8.57% or 0.15 to 1.60.
Crude oil for July delivery was down 0.62% or 0.45 to $71.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.83% or 0.66 to hit $78.91 a barrel, while the June Gold Futures contract rose 0.30% or 3.90 to trade at $1295.90 a troy ounce.
USD/AED was unchanged 0.00% to 3.6731, while EUR/AED fell 0.59% to 4.3006.
The US Dollar Index Futures was up 0.43% at 93.91.