Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Real Estate & Construction, Consumer Staples and Transport sectors led shares lower.
At the close in Dubai, the DFM General declined 0.68%, while the ADX General index fell 0.08%.
The best performers of the session on the DFM General were National General Insurance Co PSC (DU:NGIN), which rose 14.90% or 0.31 points to trade at 2.39 at the close. Meanwhile, Emaar Properties PJSC (DU:EMAR) added 1.25% or 0.100 points to end at 8.110 and Emaar Malls (DU:EMAA) was up 1.20% or 0.030 points to 2.540 in late trade.
The worst performers of the session were Damac Properties Dubai Co PSC (DU:DAMAC), which fell 9.03% or 0.400 points to trade at 4.030 at the close. Marka Pjse (DU:MARKA) declined 2.61% or 0.02 points to end at 0.71 and Islamic Arab Insurance Company (DU:SALAMA) was down 1.73% or 0.008 points to 0.454.
The top performers on the ADX General were Fujairah Cement Industries Co PSC (AD:FCI) which rose 6.80% to 1.100, Gulf Pharm Ind (AD:GPHI) which was up 3.91% to settle at 2.390 and Rak Ceramics (AD:RKCE) which gained 2.13% to close at 2.400.
The worst performers were Sharjah Islami (AD:SIB) which was down 3.57% to 1.350 in late trade, United Arab Bk (AD:UAB) which lost 3.33% to settle at 1.450 and Abu Dhabi National Hotels Co (AD:ADNH) which was down 3.13% to 3.10 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 21 to 6 and 7 ended unchanged; on the Abu Dhabi, 13 rose and 10 declined, while 5 ended unchanged.
Shares in National General Insurance Co PSC (DU:NGIN) rose to 52-week highs; up 14.90% or 0.31 to 2.39. Shares in Emaar Properties PJSC (DU:EMAR) rose to 52-week highs; gaining 1.25% or 0.100 to 8.110.
Crude oil for August delivery was up 0.85% or 0.39 to $46.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.99% or 0.48 to hit $48.90 a barrel, while the August Gold Futures contract rose 0.26% or 3.26 to trade at $1236.96 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.64% to 4.2433.
The US Dollar Index Futures was down 0.48% at 94.46.