Investing.com – United Arab Emirates stocks were lower after the close on Monday, as losses in the Insurance, Real Estate & Construction and Transport sectors led shares lower.
At the close in Dubai, the DFM General fell 0.13%, while the ADX General index declined 0.18%.
The best performers of the session on the DFM General were Drake & Scull International PJSC (DU:DSI), which rose 2.30% or 0.040 points to trade at 1.780 at the close. Meanwhile, Dubai Investments PJSC (DU:DINV) added 1.18% or 0.030 points to end at 2.570 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was up 0.78% or 0.005 points to 0.648 in late trade.
The worst performers of the session were Dubai Islamic Insurance Co. (DU:AMAN), which fell 3.30% or 0.027 points to trade at 0.792 at the close. SHUAA Capital PSC (DU:SHUA) declined 1.74% or 0.020 points to end at 1.130 and Gulf General Investments Company (DU:GGIC) was down 1.57% or 0.006 points to 0.376.
The top performers on the ADX General were International Holding Company PJSC (AD:IHC) which rose 2.07% to 1.48, Arkan Building Materials Co PJSC (AD:ARKN) which was up 1.52% to settle at 0.6700 and Natl Bk Of Rak (AD:RAKB) which gained 1.05% to close at 4.80.
The worst performers were National Takaful Co PJSC (AD:WATA) which was down 9.09% to 0.50 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 7.62% to settle at 1.940 and Al Khaleej Investment Co PJSC (AD:KICO) which was down 3.54% to 3.00 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 20 to 13 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 9 advanced, while 8 ended unchanged.
Shares in Ad Shipbldg Co (AD:ADSB) fell to 52-week lows; losing 7.62% or 0.160 to 1.940.
Crude oil for January delivery was down 0.87% or 0.51 to $58.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.16% or 0.10 to hit $63.57 a barrel, while the December Gold Futures contract rose 0.50% or 6.38 to trade at $1293.68 a troy ounce.
USD/AED was up 0.01% to 3.6729, while EUR/AED rose 0.07% to 4.3845.
The US Dollar Index Futures was down 0.11% at 92.62.