Investing.com – United Arab Emirates equities were lower at the close on Monday, as losses in the Insurance, Consumer Staples and Banking sectors propelled shares lower.
At the close in Dubai, the DFM General lost 0.52%, while the ADX General index fell 0.43%.
The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 2.36% or 0.120 points to trade at 5.200 at the close. Gulf General Investments Company (DU:GGIC) added 1.36% or 0.006 points to end at 0.448 and Union Properties PJSC (DU:UPRO) was up 0.97% or 0.010 points to 1.040 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 6.20% or 0.150 points to trade at 2.270 in late trade. Marka Pjse (DU:MARKA) declined 4.76% or 0.06 points to end at 1.20 and Emirates NBD PJSC (DU:ENBD) shed 2.29% or 0.190 points to 8.100.
The top performers on the ADX General were National Marine Dredging PSC (AD:NMDC) which rose 8.75% to 4.600, Waha Capital (AD:WAHA) which was up 2.63% to settle at 1.950 and Agthia Group (AD:AGTH) which gained 2.42% to close at 6.34.
The worst performers were Rak Properties (AD:RPRO) which was down 3.08% to 0.630 in late trade, Methaq (AD:METH) which lost 2.33% to settle at 0.840 and Natl Bk Of Rak (AD:RAKB) which was down 2.08% to 4.70 at the close.
Declining stocks outnumbered rising ones by 19 to 14 and 5 ended unchanged; on the Abu Dhabi, 12 fell and 8 advanced, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was up 0.78% or 0.41 to $52.65 a barrel. Meanwhile, Brent oil for delivery in June rose 0.89% or 0.49 to hit $55.73 a barrel, while the June Gold Futures contract fell 0.34% or 4.25 to trade at $1253.05 a troy ounce.
USD/AED was unchanged 0.00% to 3.6729, while EUR/AED fell 0.11% to 3.8854.
The US Dollar Index Futures was up 0.08% at 101.16.