Investing.com – United Arab Emirates stocks were mixed after the close on Wednesday, as gains in the Consumer Staples, Services and Transport sectors led shares higher while losses in the Finance & Investment, Telecoms and Real Estate & Construction sectors led shares lower.
At the close in Dubai, the DFM General rose 0.26% to hit a new 1-month high, while the ADX General index declined 0.04%.
The best performers of the session on the DFM General were DXB Entertainments (P.J.S.C.) (DU:DXBE), which rose 5.45% or 0.041 points to trade at 0.793 at the close. Meanwhile, Gulf General Investments Company (DU:GGIC) added 2.83% or 0.011 points to end at 0.400 and Arabtec Holding PJSC (DU:ARTC) was up 1.96% or 0.015 points to 0.781 in late trade.
The worst performers of the session were SHUAA Capital PSC (DU:SHUA), which fell 3.45% or 0.050 points to trade at 1.400 at the close. Commercial Bank of Dubai P.S.C. (DU:CBD) declined 2.30% or 0.100 points to end at 4.250 and Takaful Emarat PSC (DU:TKFE) was down 2.13% or 0.050 points to 2.300.
The top performers on the ADX General were Sharjah Cement AD (AD:SCID) which rose 7.61% to 0.990, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 5.45% to settle at 0.580 and Rak Cement Co (AD:RKCC) which gained 3.75% to close at 0.830.
The worst performers were Commercial Bank International (AD:CBI) which was down 8.33% to 1.210 in late trade, Green Crs Ins (AD:GCIC) which lost 3.85% to settle at 0.750 and Rak Properties (AD:RPRO) which was down 2.94% to 0.660 at the close.
Rising stocks outnumbered declining ones on the Dubai Stock Exchange by 18 to 14 and 7 ended unchanged; on the Abu Dhabi, 14 fell and 6 advanced, while 11 ended unchanged.
Shares in Commercial Bank of Dubai P.S.C. (DU:CBD) fell to 3-years lows; down 2.30% or 0.100 to 4.250. Shares in Commercial Bank International (AD:CBI) fell to 3-years lows; falling 8.33% or 0.110 to 1.210.
Crude oil for July delivery was down 1.16% or 0.54 to $45.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.86% or 0.42 to hit $48.30 a barrel, while the August Gold Futures contract rose 0.01% or 0.08 to trade at $1268.68 a troy ounce.
USD/AED was up 0.00% to 3.6730, while EUR/AED fell 0.04% to 4.1159.
The US Dollar Index Futures was up 0.09% at 97.06.