Investing.com – United Arab Emirates stocks were lower after the close on Wednesday, as losses in the Consumer Staples, Banking and Transport sectors led shares lower.
At the close in Dubai, the DFM General lost 0.18%, while the ADX General index fell 0.07%.
The best performers of the session on the DFM General were Arabtec Holding PJSC (DU:ARTC), which rose 3.24% or 0.060 points to trade at 1.910 at the close. Meanwhile, Takaful House (DU:DTKF) added 1.72% or 0.011 points to end at 0.650 and Dubai Financial Market PJSC (DU:DFM) was up 1.61% or 0.016 points to 1.010 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 3.14% or 0.009 points to trade at 0.278 at the close. SHUAA Capital PSC (DU:SHUA) declined 1.79% or 0.020 points to end at 1.100 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was down 1.60% or 0.006 points to 0.368.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 11.17% to 1.990, Union Natl Bk (AD:UNB) which was up 3.38% to settle at 3.670 and Ad Aviation (AD:ADAV) which gained 1.69% to close at 3.000.
The worst performers were Ras Al Khaimah Poultry and Feeding Co (AD:RAKP) which was down 10.00% to 2.43 in late trade, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which lost 3.23% to settle at 0.600 and Agthia Group (AD:AGTH) which was down 3.09% to 4.70 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 21 to 11 and 6 ended unchanged; on the Abu Dhabi, 13 rose and 12 declined, while 5 ended unchanged.
Shares in DXB Entertainments (P.J.S.C.) (DU:DXBE) fell to all time lows; losing 1.60% or 0.006 to 0.368.
Crude oil for June delivery was down 0.21% or 0.15 to $71.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.69% or 0.54 to hit $77.89 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1289.90 a troy ounce.
USD/AED was up 0.01% to 3.6733, while EUR/AED fell 0.38% to 4.3312.
The US Dollar Index Futures was up 0.26% at 93.38.