Investing.com – United Arab Emirates stocks were mixed after the close on Tuesday, as gains in the Real Estate & Construction, Consumer Staples and Transport sectors led shares higher while losses in the Insurance, Banking and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General rose 0.16%, while the ADX General index lost 1.05%.
The best performers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 5.05% or 0.050 points to trade at 1.040 at the close. Meanwhile, Emaar Malls Group (DU:EMAA) added 4.17% or 0.12 points to end at 3.00 and Emaar Properties PJSC (DU:EMAR) was up 1.19% or 0.080 points to 6.790 in late trade.
The worst performers of the session were Takaful Emarat PSC (DU:TKFE), which fell 4.26% or 0.080 points to trade at 1.800 at the close. AJMAN BANK PJSC (DU:AJBNK) declined 2.91% or 0.060 points to end at 2.000 and Islamic Arab Insurance Company (DU:SALAMA) was down 1.85% or 0.010 points to 0.530.
The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 10.39% to 7.65, National Marine Dredging PSC (AD:NMDC) which was up 8.11% to settle at 6.00 and Rak Cement Co (AD:RKCC) which gained 3.53% to close at 0.880.
The worst performers were Natl Bk Of Rak (AD:RAKB) which was down 7.63% to 5.45 in late trade, Em Driving Co (AD:DRIV) which lost 6.25% to settle at 6.00 and Arkan Bld Mt C (AD:ARKN) which was down 5.05% to 0.94 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 7 and 6 ended unchanged; on the Abu Dhabi Stock Exchange, 15 fell and 9 advanced, while 8 ended unchanged.
Shares in Gulf Navigation Holding PJSC (DU:GNAV) rose to 52-week highs; rising 5.05% or 0.050 to 1.040.
Crude oil for June delivery was up 1.38% or 0.59 to $43.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.53% or 0.68 to hit $45.00 a barrel, while the June Gold contract fell 0.44% or 5.50 to trade at $1234.70 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.10% to 4.1439.
The US Dollar Index was down 0.20% at 94.55.