Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Finance & Investment, Telecoms and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General fell 1.20% to hit a new 1-month low, while the ADX General index lost 0.30%.
The best performers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 2.22% or 0.040 points to trade at 1.840 at the close. Meanwhile, Amanat Holdings PJSC (DU:AMANT) added 0.24% or 0.002 points to end at 0.840 and Air Arabia PJSC (DU:AIRA) was unchanged 0.00% or 0.000 points to 1.290 in late trade.
The worst performers of the session were Arabtec Holding PJSC (DU:ARTC), which fell 4.61% or 0.070 points to trade at 1.450 at the close. Drake & Scull International PJSC (DU:DSI) declined 4.59% or 0.026 points to end at 0.540 and SHUAA Capital PSC (DU:SHUA) was down 3.67% or 0.024 points to 0.630.
The top performers on the ADX General were Rak Ceramics (AD:RKCE) which rose 4.62% to 3.40, Rak Cement Co (AD:RKCC) which was up 2.44% to settle at 0.840 and Natl Bk Of Ad (AD:NBAD) which gained 1.33% to close at 8.39.
The worst performers were National Marine Dredging PSC (AD:NMDC) which was down 9.86% to 5.03 in late trade, Int Fish Farmi (AD:ASMK) which lost 9.83% to settle at 1.56 and Al Khazna Ins (AD:AKIC) which was down 8.11% to 0.340 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 26 to 3 and 4 ended unchanged; on the Abu Dhabi Stock Exchange, 17 fell and 9 advanced, while 1 ended unchanged.
Crude oil for June delivery was down 0.69% or 0.32 to $46.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.40% or 0.19 to hit $47.89 a barrel, while the June Gold contract rose 0.27% or 3.40 to trade at $1274.60 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.63% to 4.1534.
The US Dollar Index was up 0.52% at 94.60.