Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Real Estate & Construction, Transport and Banking sectors led shares lower.
At the close in Dubai, the DFM General lost 0.81%, while the ADX General index fell 0.76%.
The best performers of the session on the DFM General were SHUAA Capital PSC (DU:SHUA), which rose 3.38% or 0.050 points to trade at 1.530 at the close. Meanwhile, National Central Cooling Co. (DU:TABR) added 2.50% or 0.050 points to end at 2.050 and Takaful Emarat PSC (DU:TKFE) was up 2.11% or 0.050 points to 2.420 in late trade.
The worst performers of the session were Gulf General Investments Company (DU:GGIC), which fell 4.40% or 0.024 points to trade at 0.522 at the close. Emaar Malls (DU:EMAA) declined 4.36% or 0.120 points to end at 2.630 and Emaar Properties PJSC (DU:EMAR) was down 2.24% or 0.170 points to 7.410.
The top performers on the ADX General were Gulf Medical Projects Co PSC (AD:GMPC) which rose 14.80% to 2.87, Methaq (AD:METH) which was up 4.49% to settle at 0.930 and Ad Aviation (AD:ADAV) which gained 3.33% to close at 3.100.
The worst performers were Dana Gas (AD:DANA) which was down 5.26% to 0.540 in late trade, Abu Dhabi National Hotels Co (AD:ADNH) which lost 5.25% to settle at 2.89 and Agthia Group (AD:AGTH) which was down 2.16% to 6.80 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 18 to 17 and 4 ended unchanged; on the Abu Dhabi Stock Exchange, 15 fell and 11 advanced, while 4 ended unchanged.
Shares in Gulf Medical Projects Co PSC (AD:GMPC) rose to 3-years highs; rising 14.80% or 0.37 to 2.87.
Crude oil for January delivery was up 0.59% or 0.30 to $51.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.95% or 0.51 to hit $54.41 a barrel, while the February Gold contract fell 2.74% or 31.85 to trade at $1131.85 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED fell 0.58% to 3.8475.
The US Dollar Index was up 0.62% at 102.66.