Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Transport, Telecoms and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General fell 0.14%, while the ADX General index lost 0.92%.
The best performers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 6.96% or 0.110 points to trade at 1.690 at the close. Meanwhile, Emirates NBD PJSC (DU:ENBD) added 1.92% or 0.170 points to end at 9.040 and Dubai Islamic Insurance Co. (DU:AMAN) was up 1.42% or 0.009 points to 0.644 in late trade.
The worst performers of the session were ARAMEX PJSC (DU:ARMX), which fell 2.12% or 0.070 points to trade at 3.230 at the close. Gulf Navigation Holding PJSC (DU:GNAV) declined 1.72% or 0.007 points to end at 0.400 and AJMAN BANK PJSC (DU:AJBNK) was down 1.60% or 0.030 points to 1.850.
The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 6.12% to 0.520, Rak Properties (AD:RPRO) which was up 1.64% to settle at 0.620 and Int Fish Farmi (AD:ASMK) which gained 0.75% to close at 6.75.
The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 6.42% to 5.10 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 5.26% to settle at 2.70 and Arkan Bld Mt C (AD:ARKN) which was down 5.26% to 0.90 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 16 to 8; on the Abu Dhabi Stock Exchange, 18 fell and 7 advanced.
Crude oil for November delivery was up 0.43% or 0.20 to $48.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.33% or 0.17 to hit $51.50 a barrel, while the December Gold contract fell 0.44% or 5.00 to trade at $1143.70 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.54% to 4.1491.
The US Dollar Index was down 0.31% at 95.36.