Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Telecoms, Insurance and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General lost 0.08%, while the ADX General index fell 0.51%.
The best performers of the session on the DFM General were Amanat Holdings PJSC (DU:AMANT), which rose 2.94% or 0.040 points to trade at 1.400 at the close. Meanwhile, Deyaar Development PJSC (DU:DEYR) added 1.51% or 0.007 points to end at 0.470 and AJMAN BANK PJSC (DU:AJBNK) was up 1.00% or 0.010 points to 1.010 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 6.69% or 0.018 points to trade at 0.251 at the close. Marka Pjse (DU:MARKA) declined 3.93% or 0.01 points to end at 0.32 and SHUAA Capital PSC (DU:SHUA) was down 2.48% or 0.025 points to 0.985.
The top performers on the ADX General were Sharjah Cement AD (AD:SCID) which rose 10.19% to 1.190, Al Khazna Ins (AD:AKIC) which was up 4.35% to settle at 0.240 and International Holding Company PJSC (AD:IHC) which gained 3.62% to close at 1.43.
The worst performers were Union Insurance Co PSC (AD:UNIN) which was down 9.35% to 1.26 in late trade, Green Crs Ins (AD:GCIC) which lost 6.98% to settle at 0.800 and Invest Bank AD (AD:INVB) which was down 4.27% to 2.240 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 22 to 12 and 3 ended unchanged; on the Abu Dhabi, 15 fell and 8 advanced, while 8 ended unchanged.
Shares in Gulf General Investments Company (DU:GGIC) fell to 5-year lows; down 6.69% or 0.018 to 0.251. Shares in Marka Pjse (DU:MARKA) fell to all time lows; down 3.93% or 0.01 to 0.32. Shares in SHUAA Capital PSC (DU:SHUA) fell to 52-week lows; losing 2.48% or 0.025 to 0.985.
Crude oil for June delivery was unchanged 0.00% or 0.00 to $68.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.20% or 0.15 to hit $73.63 a barrel, while the June Gold Futures contract fell 0.84% or 11.30 to trade at $1337.50 a troy ounce.
USD/AED was up 0.00% to 3.6730, while EUR/AED fell 0.43% to 4.5141.
The US Dollar Index Futures was up 0.49% at 90.08.