Investing.com – United Arab Emirates stocks were lower after the close on Wednesday, as losses in the Real Estate & Construction, Transport and Consumer Staples sectors led shares lower.
At the close in Dubai, the DFM General declined 1.05%, while the ADX General index declined 0.24%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 4.10% or 0.041 points to trade at 1.040 at the close. Meanwhile, Dubai Islamic Bank (DU:DISB) unchanged 0.00% or 0.000 points to end at 5.320 and National Cement Company P.S.C. (DU:NCC) was unchanged 0.00% or 0.000 points to 2.880 in late trade.
The worst performers of the session were Deyaar Development PJSC (DU:DEYR), which fell 2.51% or 0.014 points to trade at 0.544 at the close. Dubai Financial Market PJSC (DU:DFM) declined 2.42% or 0.030 points to end at 1.210 and Dubai Islamic Insurance Co. (DU:AMAN) was down 2.12% or 0.012 points to 0.553.
The top performers on the ADX General were Finance House (AD:FH) which rose 8.57% to 1.900, Natl Bk Of Rak (AD:RAKB) which was up 5.69% to settle at 5.39 and Abu Dhabi National Hotels Co (AD:ADNH) which gained 1.67% to close at 3.05.
The worst performers were Ad Natl Ins Co (AD:ADNI) which was down 9.95% to 1.990 in late trade, Int Fish Farmi (AD:ASMK) which lost 9.50% to settle at 1.62 and Al Khazna Ins (AD:AKIC) which was down 8.70% to 0.420 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 30 to 4 and 3 ended unchanged; on the Abu Dhabi Stock Exchange, 13 fell and 8 advanced, while 5 ended unchanged.
Shares in National Cement Company P.S.C. (DU:NCC) unchanged to 3-years lows; unchanged 0.00% or 0.000 to 2.880.
Crude oil for November delivery was up 0.32% or 0.16 to $50.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.42% or 0.22 to hit $52.63 a barrel, while the December Gold contract rose 0.04% or 0.55 to trade at $1256.45 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.33% to 4.0470.
The US Dollar Index was unchanged 0.00% at 97.72.