Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Banking, Real Estate & Construction and Transport sectors led shares higher.
At the close in Dubai, the DFM General gained 0.10% to hit a new 52-week high, while the ADX General index added 0.10%.
The best performers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 4.96% or 0.070 points to trade at 1.480 at the close. Meanwhile, Emirates NBD PJSC (DU:ENBD) added 2.39% or 0.210 points to end at 9.000 and Arabtec Holding PJSC (DU:ARTC) was up 1.45% or 0.020 points to 1.400 in late trade.
The worst performers of the session were Dubai Islamic Insurance Co. (DU:AMAN), which fell 8.85% or 0.100 points to trade at 1.030 at the close. AJMAN BANK PJSC (DU:AJBNK) declined 6.63% or 0.110 points to end at 1.550 and Amanat Holdings PJSC (DU:AMANT) was down 2.35% or 0.024 points to 0.996.
The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 14.79% to 3.26, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 6.15% to settle at 0.690 and Green Crs Ins (AD:GCIC) which gained 5.26% to close at 0.800.
The worst performers were Gulf Medical Projects Co PSC (AD:GMPC) which was down 5.96% to 3.00 in late trade, Gulf Cement Co (AD:GCEM) which lost 4.95% to settle at 0.9600 and Invest Bank AD (AD:INVB) which was down 4.35% to 2.200 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 19 to 14 and 7 ended unchanged; on the Abu Dhabi, 15 rose and 13 declined, while 7 ended unchanged.
Shares in Emirates NBD PJSC (DU:ENBD) rose to 52-week highs; up 2.39% or 0.210 to 9.000. Shares in Abu Dhabi National for Building Materials Co PJSC (AD:BILD) rose to 52-week highs; gaining 6.15% or 0.040 to 0.690.
Crude oil for February delivery was up 0.65% or 0.34 to $52.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.60% or 0.33 to hit $55.27 a barrel, while the February Gold contract fell 0.03% or 0.35 to trade at $1184.55 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED rose 0.16% to 3.8891.
The US Dollar Index was down 0.09% at 101.83.