Investing.com – United Arab Emirates stocks were lower after the close on Monday, as losses in the Consumer Staples, Services and Insurance sectors led shares lower.
At the close in Dubai, the DFM General lost 1.75%, while the ADX General index declined 0.14%.
The best performers of the session on the DFM General were Emaar Malls (DU:EMAA), which rose 1.16% or 0.030 points to trade at 2.610 at the close. Meanwhile, Dubai Islamic Bank (DU:DISB) added 0.16% or 0.010 points to end at 6.270 and Emirates NBD PJSC (DU:ENBD) was up 0.12% or 0.010 points to 8.660 in late trade.
The worst performers of the session were Amlak Finance PJSC (DU:AMLK), which fell 10.00% or 0.130 points to trade at 1.170 at the close. Drake & Scull International PJSC (DU:DSI) declined 10.00% or 0.053 points to end at 0.477 and Arabtec Holding PJSC (DU:ARTC) was down 9.85% or 0.130 points to 1.190.
The top performers on the ADX General were Ad Natl Ins Co (AD:ADNI) which rose 7.50% to 2.580, Natl Bk Of Ad (AD:NBAD) which was up 1.41% to settle at 10.10 and Emirates Telec (AD:ETEL) which gained 1.12% to close at 18.00.
The worst performers were Eshraq Properties Co PJSC (AD:ESHR) which was down 10.00% to 0.9900 in late trade, Rak Ceramics (AD:RKCE) which lost 9.66% to settle at 2.150 and Dana Gas (AD:DANA) which was down 7.84% to 0.470 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 32 to 4 and 3 ended unchanged; on the Abu Dhabi, 15 fell and 6 advanced, while 2 ended unchanged.
Shares in Amlak Finance PJSC (DU:AMLK) fell to 52-week lows; falling 10.00% or 0.130 to 1.170. Shares in Dubai Islamic Bank (DU:DISB) rose to 52-week highs; up 0.16% or 0.010 to 6.270. Shares in Rak Ceramics (AD:RKCE) fell to 3-years lows; down 9.66% or 0.230 to 2.150. Shares in Dana Gas (AD:DANA) fell to 52-week lows; losing 7.84% or 0.040 to 0.470.
Crude oil for March delivery was down 0.59% or 0.32 to $53.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.62% or 0.35 to hit $56.35 a barrel, while the April Gold Futures contract fell 0.30% or 3.75 to trade at $1232.15 a troy ounce.
USD/AED was down 0.01% to 3.6728, while EUR/AED rose 0.01% to 3.9082.
The US Dollar Index Futures was up 0.02% at 100.74.