Investing.com – United Arab Emirates stocks were lower after the close on Monday, as losses in the Services, Finance & Investment and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General declined 0.34%, while the ADX General index fell 0.83%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 3.39% or 0.020 points to trade at 0.610 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 2.95% or 0.018 points to end at 0.628 and Emirates NBD PJSC (DU:ENBD) was up 2.17% or 0.210 points to 9.880 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 2.60% or 0.050 points to trade at 1.870 at the close. Dubai Financial Market PJSC (DU:DFM) declined 2.04% or 0.040 points to end at 1.920 and Amanat Holdings PJSC (DU:AMANT) was down 1.80% or 0.016 points to 0.874.
The top performers on the ADX General were Em Driving Co (AD:DRIV) which rose 5.82% to 6.00, Methaq (AD:METH) which was up 4.41% to settle at 0.710 and Dana Gas (AD:DANA) which gained 2.22% to close at 0.460.
The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 9.00% to 2.63 in late trade, Sharjah Cement AD (AD:SCID) which lost 8.57% to settle at 0.96 and Emirates Telec (AD:ETEL) which was down 2.88% to 13.50 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 19 to 8 and 1 ended unchanged; on the Abu Dhabi Stock Exchange, 17 fell and 7 advanced.
Shares in Sharjah Cement AD (AD:SCID) fell to 52-week lows; down 8.57% or 0.09 to 0.96.
Crude oil for August delivery was down 2.45% or 1.46 to $58.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 2.74% or 1.74 to hit $61.52 a barrel, while the August Gold contract rose 0.42% or 4.90 to trade at $1178.10 a troy ounce.
USD/AED was unchanged 0.00% to 3.6729, while EUR/AED fell 0.43% to 4.0826.
The US Dollar Index was up 0.23% at 95.82.