Investing.com – United Arab Emirates stocks were lower after the close on Thursday, as losses in the Finance & Investment, Real Estate & Construction and Services sectors led shares lower.
At the close in Dubai, the DFM General fell 0.99%, while the ADX General index fell 0.15%.
The best performers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 0.90% or 0.030 points to trade at 3.380 at the close. Meanwhile, Dubai Parks and Resorts PJSC (DU:DUBA) added 0.78% or 0.010 points to end at 1.300 and Islamic Arab Insurance Company (DU:SALAMA) was up 0.51% or 0.003 points to 0.588 in late trade.
The worst performers of the session were Arabtec Holding PJSC (DU:ARTC), which fell 4.55% or 0.110 points to trade at 2.310 at the close. Union Properties PJSC (DU:UPRO) declined 3.33% or 0.040 points to end at 1.160 and Takaful House (DU:DTKF) was down 3.17% or 0.020 points to 0.610.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 10.15% to 2.93, Int Fish Farmi (AD:ASMK) which was up 7.50% to settle at 6.45 and Agthia Group (AD:AGTH) which gained 3.82% to close at 7.89.
The worst performers were Emirates Telec (AD:ETEL) which was down 3.18% to 13.70 in late trade, Bank Of Sharja (AD:BOS) which lost 3.13% to settle at 1.55 and Ad Natl Energy (AD:TAQA) which was down 2.90% to 0.670 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 22 to 4 and 2 ended unchanged; on the Abu Dhabi Stock Exchange, 14 rose and 8 declined, while 1 ended unchanged.
Shares in Dubai Parks and Resorts PJSC (DU:DUBA) rose to all time highs; rising 0.78% or 0.010 to 1.300. Shares in Agthia Group (AD:AGTH) rose to all time highs; rising 3.82% or 0.29 to 7.89.
Crude oil for September delivery was down 0.96% or 0.43 to $44.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.45% or 0.23 to hit $49.37 a barrel, while the December Gold contract fell 0.06% or 0.70 to trade at $1084.90 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.17% to 3.9994.
The US Dollar Index was up 0.21% at 98.18.