Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Telecoms, Banking and Transport sectors led shares lower.
At the close in Dubai, the DFM General fell 0.39%, while the ADX General index declined 0.77%.
The best performers of the session on the DFM General were Gulf General Investments Company (DU:GGIC), which rose 7.94% or 0.032 points to trade at 0.435 at the close. Meanwhile, Union Properties PJSC (DU:UPRO) added 2.45% or 0.021 points to end at 0.877 and Marka Pjse (DU:MARKA) was up 2.40% or 0.02 points to 0.68 in late trade.
The worst performers of the session were Oman Insurance Company P.S.C. (DU:OIC), which fell 5.56% or 0.100 points to trade at 1.700 at the close. National Cement Company P.S.C. (DU:NCC) declined 3.23% or 0.100 points to end at 3.000 and Amlak Finance PJSC (DU:AMLK) was down 1.82% or 0.020 points to 1.080.
The top performers on the ADX General were Al Khaleej Investment Co PJSC (AD:KICO) which rose 9.43% to 3.83, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 6.98% to settle at 0.460 and Al Khazna Ins (AD:AKIC) which gained 6.90% to close at 0.310.
The worst performers were Green Crs Ins (AD:GCIC) which was down 9.84% to 0.550 in late trade, Dana Gas (AD:DANA) which lost 2.67% to settle at 0.730 and First Abu Dhabi Bank PJSC (AD:FAB) which was down 1.43% to 10.35 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 16 to 16 and 7 ended unchanged; on the Abu Dhabi, 11 fell and 10 advanced, while 9 ended unchanged.
Crude oil for November delivery was up 0.56% or 0.29 to $52.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.59% or 0.34 to hit $58.16 a barrel, while the December Gold Futures contract fell 0.92% or 11.98 to trade at $1291.02 a troy ounce.
USD/AED was up 0.01% to 3.6730, while EUR/AED fell 0.31% to 4.3191.
The US Dollar Index Futures was up 0.29% at 93.41.