Investing.com – United Arab Emirates stocks were mixed after the close on Wednesday, as gains in the Real Estate & Construction, Banking and Telecoms sectors led shares higher while losses in the Services, Transport and Insurance sectors led shares lower.
At the close in Dubai, the DFM General rose 0.02%, while the ADX General index fell 0.15%.
The best performers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 1.63% or 0.020 points to trade at 1.250 at the close. Meanwhile, Emaar Properties PJSC (DU:EMAR) added 0.94% or 0.080 points to end at 8.550 and Dubai Islamic Insurance Co. (DU:AMAN) was up 0.69% or 0.006 points to 0.880 in late trade.
The worst performers of the session were ARAMEX PJSC (DU:ARMX), which fell 2.06% or 0.100 points to trade at 4.750 at the close. Islamic Arab Insurance Company (DU:SALAMA) declined 1.54% or 0.007 points to end at 0.448 and National Central Cooling Co. (DU:TABR) was down 1.46% or 0.030 points to 2.030.
The top performers on the ADX General were Rak Cmt & Cons (AD:RAKC) which rose 14.89% to 1.080, National Bank of Fujairah PJSC (AD:NBF) which was up 11.67% to settle at 3.35 and Dana Gas (AD:DANA) which gained 2.78% to close at 0.740.
The worst performers were Al Khaleej Investment Co PJSC (AD:KICO) which was down 9.91% to 4.00 in late trade, Al Khazna Ins (AD:AKIC) which lost 3.57% to settle at 0.270 and Eshraq Properties Co PJSC (AD:ESHR) which was down 2.60% to 0.7500 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 13 and 5 ended unchanged; on the Abu Dhabi, 11 rose and 7 declined, while 8 ended unchanged.
Shares in Al Khazna Ins (AD:AKIC) fell to all time lows; falling 3.57% or 0.010 to 0.270. Shares in Eshraq Properties Co PJSC (AD:ESHR) fell to 52-week lows; falling 2.60% or 0.0200 to 0.7500.
Crude oil for November delivery was up 0.12% or 0.06 to $51.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.21% or 0.12 to hit $57.80 a barrel, while the December Gold Futures contract fell 0.71% or 9.26 to trade at $1292.44 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED fell 0.47% to 4.3101.
The US Dollar Index Futures was up 0.47% at 93.25.