Investing.com – United Arab Emirates stocks were higher after the close on Wednesday, as gains in the Transport, Finance & Investment and Consumer Staples sectors led shares higher.
At the close in Dubai, the DFM General added 0.06%, while the ADX General index added 0.50%.
The best performers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 2.47% or 0.130 points to trade at 5.390 at the close. Meanwhile, Dubai Financial Market PJSC (DU:DFM) added 1.77% or 0.020 points to end at 1.150 and Dubai Islamic Insurance Co. (DU:AMAN) was up 1.14% or 0.010 points to 0.891 in late trade.
The worst performers of the session were National Cement Company P.S.C. (DU:NCC), which fell 9.52% or 0.300 points to trade at 2.850 at the close. Damac Properties Dubai Co PSC (DU:DAMAC) declined 2.61% or 0.090 points to end at 3.360 and SHUAA Capital PSC (DU:SHUA) was down 1.64% or 0.020 points to 1.200.
The top performers on the ADX General were Rak Cement Co (AD:RKCC) which rose 5.13% to 0.820, Union Natl Bk (AD:UNB) which was up 4.94% to settle at 4.670 and Natl Bk Of Rak (AD:RAKB) which gained 4.17% to close at 4.50.
The worst performers were Int Fish Farmi (AD:ASMK) which was down 5.41% to 1.40 in late trade, Sharjah Islami (AD:SIB) which lost 1.48% to settle at 1.330 and Methaq (AD:METH) which was down 1.18% to 0.840 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 17 to 13 and 7 ended unchanged; on the Abu Dhabi, 8 fell and 8 advanced, while 8 ended unchanged.
Shares in National Cement Company P.S.C. (DU:NCC) fell to 3-years lows; losing 9.52% or 0.300 to 2.850.
Crude oil for August delivery was down 1.68% or 0.79 to $46.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.47% or 0.73 to hit $48.88 a barrel, while the August Gold Futures contract rose 0.12% or 1.44 to trade at $1220.64 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.22% to 4.1584.
The US Dollar Index Futures was up 0.18% at 96.16.