Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Finance & Investment, Telecoms and Services sectors led shares higher.
At the close in Dubai, the DFM General added 0.50%, while the ADX General index gained 1.24%.
The best performers of the session on the DFM General were National Central Cooling Co. (DU:TABR), which rose 4.35% or 0.080 points to trade at 1.920 at the close. Meanwhile, Dubai Investments PJSC (DU:DINV) added 2.50% or 0.060 points to end at 2.460 and Dubai Islamic Insurance Co. (DU:AMAN) was up 1.98% or 0.017 points to 0.877 in late trade.
The worst performers of the session were Emirates NBD PJSC (DU:ENBD), which fell 3.53% or 0.300 points to trade at 8.200 at the close. Gulf General Investments Company (DU:GGIC) declined 1.77% or 0.008 points to end at 0.445 and Islamic Arab Insurance Company (DU:SALAMA) was down 1.49% or 0.007 points to 0.462.
The top performers on the ADX General were Invest Bank AD (AD:INVB) which rose 14.98% to 2.380, Em Driving Co (AD:DRIV) which was up 8.82% to settle at 9.25 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which gained 5.56% to close at 0.570.
The worst performers were Finance House (AD:FH) which was down 9.71% to 1.580 in late trade, Gulf Medical Projects Co PSC (AD:GMPC) which lost 8.24% to settle at 2.56 and Sharjah Islami (AD:SIB) which was down 3.92% to 1.470 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 23 to 5 and 8 ended unchanged; on the Abu Dhabi, 15 rose and 6 declined, while 8 ended unchanged.
Shares in Gulf General Investments Company (DU:GGIC) fell to 52-week lows; down 1.77% or 0.008 to 0.445. Shares in Finance House (AD:FH) fell to all time lows; down 9.71% or 0.170 to 1.580. Shares in Em Driving Co (AD:DRIV) rose to all time highs; rising 8.82% or 0.75 to 9.25.
Crude oil for May delivery was up 0.72% or 0.35 to $49.26 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.72% or 0.37 to hit $51.99 a barrel, while the April Gold Futures contract fell 0.06% or 0.75 to trade at $1233.25 a troy ounce.
USD/AED was up 0.01% to 3.6730, while EUR/AED rose 0.57% to 3.9679.
The US Dollar Index Futures was down 0.53% at 99.63.