Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Services, Insurance and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General declined 0.94%, while the ADX General index lost 0.90%.
The best performers of the session on the DFM General were Damac Properties Dubai Co PSC (DU:DAMAC), which rose 2.58% or 0.08 points to trade at 3.18 at the close. Meanwhile, Air Arabia PJSC (DU:AIRA) added 0.62% or 0.010 points to end at 1.610 and Dubai Financial Market PJSC (DU:DFM) was up 0.52% or 0.010 points to 1.930 in late trade.
The worst performers of the session were Drake & Scull International PJSC (DU:DSI), which fell 4.74% or 0.038 points to trade at 0.763 at the close. Takaful House (DU:DTKF) declined 4.08% or 0.026 points to end at 0.611 and Gulf Navigation Holding PJSC (DU:GNAV) was down 3.66% or 0.017 points to 0.447.
The top performers on the ADX General were Ad Natl Energy (AD:TAQA) which rose 2.94% to 0.680, United Arab Bk (AD:UAB) which was up 1.82% to settle at 5.60 and Bank Of Sharja (AD:BOS) which gained 1.26% to close at 1.61.
The worst performers were Methaq (AD:METH) which was down 9.52% to 1.140 in late trade, Int Fish Farmi (AD:ASMK) which lost 8.61% to settle at 6.58 and Natl Co Bldg M (AD:BILD) which was down 5.80% to 0.650 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 24 to 4 and 1 ended unchanged; on the Abu Dhabi Stock Exchange, 15 fell and 7 advanced, while 2 ended unchanged.
Crude oil for September delivery was down 3.54% or 1.72 to $46.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.81% or 1.50 to hit $51.81 a barrel, while the December Gold contract rose 0.57% or 6.20 to trade at $1094.90 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED rose 0.48% to 4.0341.
The US Dollar Index was down 0.30% at 97.32.