Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Real Estate & Construction, Finance & Investment and Transport sectors led shares higher.
At the close in Dubai, the DFM General gained 0.85% to hit a new 1-month high, while the ADX General index climbed 0.29%.
The best performers of the session on the DFM General were National General Insurance Co PSC (DU:NGIN), which rose 14.77% or 0.26 points to trade at 2.02 at the close. Meanwhile, Gulf Navigation Holding PJSC (DU:GNAV) added 4.63% or 0.050 points to end at 1.130 and SHUAA Capital PSC (DU:SHUA) was up 3.51% or 0.040 points to 1.180 in late trade.
The worst performers of the session were Dubai Islamic Insurance Co. (DU:AMAN), which fell 2.20% or 0.019 points to trade at 0.843 at the close. Takaful House (DU:DTKF) declined 2.08% or 0.020 points to end at 0.940 and Amanat Holdings PJSC (DU:AMANT) was down 1.44% or 0.020 points to 1.370.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 6.00% to 2.120, Union Cement (AD:UCC) which was up 5.63% to settle at 1.500 and Rak Properties (AD:RPRO) which gained 2.44% to close at 0.840.
The worst performers were Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 8.06% to 0.570 in late trade, Sharjah Islami (AD:SIB) which lost 3.45% to settle at 1.400 and Bank Of Sharja (AD:BOS) which was down 2.44% to 1.200 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 19 to 16 and 10 ended unchanged; on the Abu Dhabi, 11 rose and 8 declined, while 14 ended unchanged.
Shares in Union Cement (AD:UCC) rose to 3-years highs; rising 5.63% or 0.080 to 1.500.
Crude oil for February delivery was down 0.67% or 0.43 to $63.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.35% or 0.95 to hit $69.31 a barrel, while the February Gold Futures contract fell 0.12% or 1.60 to trade at $1333.30 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.47% to 4.4846.
The US Dollar Index Futures was up 0.44% at 90.53.