Investing.com – United Arab Emirates stocks were higher after the close on Wednesday, as gains in the Services, Banking and Insurance sectors led shares higher.
At the close in Dubai, the DFM General rose 0.04%, while the ADX General index gained 0.30%.
The best performers of the session on the DFM General were Marka Pjse (DU:MARKA), which rose 5.26% or 0.06 points to trade at 1.20 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 1.59% or 0.010 points to end at 0.640 and Arabtec Holding PJSC (DU:ARTC) was up 0.75% or 0.010 points to 1.350 in late trade.
The worst performers of the session were Takaful House (DU:DTKF), which fell 5.76% or 0.052 points to trade at 0.850 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) declined 2.53% or 0.040 points to end at 1.540 and Gulf Navigation Holding PJSC (DU:GNAV) was down 0.95% or 0.010 points to 1.040.
The top performers on the ADX General were Rak Properties (AD:RPRO) which rose 1.75% to 0.580, Methaq (AD:METH) which was up 1.30% to settle at 0.780 and Natl Bk Of Ad (AD:NBAD) which gained 0.76% to close at 9.27.
The worst performers were Agthia Group (AD:AGTH) which was down 3.77% to 7.41 in late trade, Int Fish Farmi (AD:ASMK) which lost 1.84% to settle at 1.60 and Dana Gas (AD:DANA) which was down 1.82% to 0.540 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 13 to 13 and 7 ended unchanged; on the Abu Dhabi Stock Exchange, 11 rose and 8 declined, while 5 ended unchanged.
Crude oil for August delivery was up 1.11% or 0.53 to $48.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.10% or 0.54 to hit $49.80 a barrel, while the August Gold contract rose 0.28% or 3.65 to trade at $1321.55 a troy ounce.
USD/AED was down 0.01% to 3.6728, while EUR/AED rose 0.17% to 4.0728.
The US Dollar Index was down 0.23% at 95.97.