Investing.com – United Arab Emirates stocks were lower after the close on Monday, as losses in the Consumer Staples, Real Estate & Construction and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General lost 1.23%, while the ADX General index fell 0.95%.
The best performers of the session on the DFM General were Dubai Financial Market PJSC (DU:DFM), which rose 1.53% or 0.015 points to trade at 0.994 at the close. Meanwhile, Takaful House (DU:DTKF) added 1.43% or 0.009 points to end at 0.639 and ARAMEX PJSC (DU:ARMX) was up 1.27% or 0.050 points to 4.000 in late trade.
The worst performers of the session were Drake & Scull International PJSC (DU:DSI), which fell 9.89% or 0.074 points to trade at 0.674 at the close. Union Properties PJSC (DU:UPRO) declined 3.95% or 0.030 points to end at 0.730 and DXB Entertainments (P.J.S.C.) (DU:DXBE) was down 3.81% or 0.013 points to 0.328.
The top performers on the ADX General were Sharjah Cement AD (AD:SCID) which rose 13.19% to 1.030, Rak Ceramics (AD:RKCE) which was up 2.06% to settle at 2.480 and Sharjah Islami (AD:SIB) which gained 0.87% to close at 1.160.
The worst performers were Eshraq Properties Co PJSC (AD:ESHR) which was down 9.37% to 0.5800 in late trade, Gulf Cement Co (AD:GCEM) which lost 7.00% to settle at 0.9300 and Agthia Group (AD:AGTH) which was down 4.51% to 4.66 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 28 to 7 and 1 ended unchanged; on the Abu Dhabi, 15 fell and 5 advanced, while 4 ended unchanged.
Shares in Drake & Scull International PJSC (DU:DSI) fell to 52-week lows; losing 9.89% or 0.074 to 0.674.
Crude oil for August delivery was down 0.04% or 0.03 to $74.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.57% or 0.45 to hit $78.78 a barrel, while the August Gold Futures contract fell 0.37% or 4.70 to trade at $1249.80 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.39% to 4.2755.
The US Dollar Index Futures was up 0.35% at 94.56.