Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Finance & Investment and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General fell 1.11% to hit a new 3-months low, while the ADX General index lost 1.46%.
The best performers of the session on the DFM General were Air Arabia PJSC (DU:AIRA), which rose 0.81% or 0.010 points to trade at 1.240 at the close. Meanwhile, Dubai Islamic Bank (DU:DISB) added 0.17% or 0.010 points to end at 6.060 and AJMAN BANK PJSC (DU:AJBNK) was unchanged 0.00% or 0.000 points to 1.120 in late trade.
The worst performers of the session were National Central Cooling Co. (DU:TABR), which fell 3.72% or 0.070 points to trade at 1.810 at the close. Arabtec Holding PJSC (DU:ARTC) declined 3.72% or 0.090 points to end at 2.330 and Islamic Arab Insurance Company (DU:SALAMA) was down 3.58% or 0.019 points to 0.511.
The top performers on the ADX General were Finance House (AD:FH) which rose 5.78% to 1.830, Ad Shipbldg Co (AD:ADSB) which was up 2.69% to settle at 2.290 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which gained 2.33% to close at 0.440.
The worst performers were Gulf Pharm Ind (AD:GPHI) which was down 8.10% to 2.270 in late trade, Methaq (AD:METH) which lost 3.95% to settle at 0.730 and Ad Commercial (AD:ADCB) which was down 3.56% to 6.78 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 28 to 5 and 5 ended unchanged; on the Abu Dhabi, 20 fell and 4 advanced, while 4 ended unchanged.
Shares in National Central Cooling Co. (DU:TABR) fell to 52-week lows; falling 3.72% or 0.070 to 1.810. Shares in Arabtec Holding PJSC (DU:ARTC) fell to 52-week lows; down 3.72% or 0.090 to 2.330. Shares in Methaq (AD:METH) fell to 52-week lows; down 3.95% or 0.030 to 0.730.
Crude oil for January delivery was up 0.09% or 0.05 to $57.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.43% or 0.27 to hit $62.72 a barrel, while the February Gold Futures contract fell 0.79% or 10.10 to trade at $1267.60 a troy ounce.
USD/AED was down 0.01% to 3.6728, while EUR/AED fell 0.28% to 4.3455.
The US Dollar Index Futures was up 0.29% at 93.32.