Investing.com – United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Finance & Investment, Banking and Transport sectors led shares higher.
At the close in Dubai, the DFM General rose 0.58% to hit a new 1-month high, while the ADX General index added 1.84%.
The best performers of the session on the DFM General were National Cement Company P.S.C. (DU:NCC), which rose 9.03% or 0.290 points to trade at 3.500 at the close. Meanwhile, Gulf Navigation Holding PJSC (DU:GNAV) added 3.33% or 0.050 points to end at 1.550 and Dubai Islamic Bank (DU:DISB) was up 1.77% or 0.100 points to 5.760 in late trade.
The worst performers of the session were Dubai Islamic Insurance Co. (DU:AMAN), which fell 1.68% or 0.014 points to trade at 0.820 at the close. Takaful House (DU:DTKF) declined 1.61% or 0.020 points to end at 1.220 and AJMAN BANK PJSC (DU:AJBNK) was down 1.52% or 0.020 points to 1.300.
The top performers on the ADX General were Natl Bk Of Ad (AD:NBAD) which rose 4.81% to 10.90, Rak Properties (AD:RPRO) which was up 3.13% to settle at 0.660 and Gulf Cement Co (AD:GCEM) which gained 2.80% to close at 1.1000.
The worst performers were Ad Natl Energy (AD:TAQA) which was down 5.26% to 0.540 in late trade, Al Khazna Ins (AD:AKIC) which lost 4.76% to settle at 0.400 and Int Fish Farmi (AD:ASMK) which was down 1.51% to 1.96 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 14 to 14 and 7 ended unchanged; on the Abu Dhabi, 11 rose and 7 declined, while 4 ended unchanged.
Shares in Natl Bk Of Ad (AD:NBAD) rose to 52-week highs; up 4.81% or 0.50 to 10.90.
Crude oil for May delivery was up 0.42% or 0.21 to $50.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.45% or 0.24 to hit $53.36 a barrel, while the June Gold Futures contract rose 0.49% or 6.15 to trade at $1260.15 a troy ounce.
USD/AED was up 0.00% to 3.6729, while EUR/AED fell 0.26% to 3.9096.
The US Dollar Index Futures was up 0.20% at 100.56.