Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Services and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General lost 0.86%, while the ADX General index declined 0.37%.
The best performers of the session on the DFM General were Commercial Bank of Dubai P.S.C. (DU:CBD), which rose 5.47% or 0.350 points to trade at 6.750 at the close. Meanwhile, Takaful Emarat PSC (DU:TKFE) added 1.70% or 0.030 points to end at 1.790 and Takaful House (DU:DTKF) was up 0.83% or 0.005 points to 0.605 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 3.22% or 0.030 points to trade at 0.902 at the close. SHUAA Capital PSC (DU:SHUA) declined 2.82% or 0.018 points to end at 0.620 and Emaar Malls Group (DU:EMAA) was down 2.76% or 0.09 points to 3.17.
The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 1.82% to 0.560, Ad Natl Energy (AD:TAQA) which was up 1.49% to settle at 0.680 and Arkan Bld Mt C (AD:ARKN) which gained 0.96% to close at 1.04.
The worst performers were Commercial Bank International (AD:CBI) which was down 9.09% to 1.50 in late trade, Waha Capital (AD:WAHA) which lost 3.15% to settle at 2.46 and Dana Gas (AD:DANA) which was down 1.82% to 0.550 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 19 to 8; on the Abu Dhabi Stock Exchange, 14 fell and 5 advanced, while 4 ended unchanged.
Shares in Commercial Bank International (AD:CBI) fell to 52-week lows; losing 9.09% or 0.15 to 1.50.
Crude oil for September delivery was up 1.52% or 0.72 to $48.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.36% or 0.20 to hit $53.66 a barrel, while the December Gold contract fell 0.14% or 1.50 to trade at $1095.40 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.32% to 4.0611.
The US Dollar Index was up 0.14% at 96.77.