Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Banking, Consumer Staples and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General fell 0.22% to hit a new 3-months low, while the ADX General index lost 0.09%.
The best performers of the session on the DFM General were Emaar Malls (DU:EMAA), which rose 1.17% or 0.030 points to trade at 2.600 at the close. Meanwhile, Air Arabia PJSC (DU:AIRA) added 0.78% or 0.010 points to end at 1.300 and SHUAA Capital PSC (DU:SHUA) was up 0.57% or 0.005 points to 0.880 in late trade.
The worst performers of the session were Takaful House (DU:DTKF), which fell 3.05% or 0.030 points to trade at 0.952 at the close. Dubai Islamic Insurance Co. (DU:AMAN) declined 2.87% or 0.016 points to end at 0.541 and Dubai Financial Market PJSC (DU:DFM) was down 2.40% or 0.030 points to 1.220.
The top performers on the ADX General were Abd Nat Takafu (AD:TKFL) which rose 5.26% to 4.00, Aldar Properti (AD:ALDR) which was up 1.95% to settle at 2.620 and Rak Properties (AD:RPRO) which gained 1.69% to close at 0.600.
The worst performers were Int Fish Farmi (AD:ASMK) which was down 2.81% to 1.73 in late trade, Natl Bk Of Ad (AD:NBAD) which lost 2.25% to settle at 8.70 and Methaq (AD:METH) which was down 1.20% to 0.820 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 19 to 10 and 9 ended unchanged; on the Abu Dhabi Stock Exchange, 7 rose and 6 declined, while 13 ended unchanged.
Crude oil for November delivery was down 0.20% or 0.10 to $49.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.06% or 0.03 to hit $51.83 a barrel, while the December Gold contract rose 0.07% or 0.95 to trade at $1269.55 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.18% to 4.1093.
The US Dollar Index was up 0.24% at 96.36.