Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Real Estate & Construction, Consumer Staples and Transport sectors propelled shares higher while losses in the Insurance, Banking and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General rose 0.16%, while the ADX General index fell 1.05%.
The biggest gainers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 5.05% or 0.050 points to trade at 1.040 at the close. Emaar Malls Group (DU:EMAA) added 4.17% or 0.12 points to end at 3.00 and Emaar Properties PJSC (DU:EMAR) was up 1.19% or 0.080 points to 6.790 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 4.26% or 0.080 points to trade at 1.800 in late trade. AJMAN BANK PJSC (DU:AJBNK) declined 2.91% or 0.060 points to end at 2.000 and Islamic Arab Insurance Company (DU:SALAMA) shed 1.85% or 0.010 points to 0.530.
The top performers on the ADX General were Int Fish Farmi (AD:ASMK) which rose 10.39% to 7.65, National Marine Dredging PSC (AD:NMDC) which was up 8.11% to settle at 6.00 and Rak Cement Co (AD:RKCC) which gained 3.53% to close at 0.880.
The worst performers were Natl Bk Of Rak (AD:RAKB) which was down 7.63% to 5.45 in late trade, Em Driving Co (AD:DRIV) which lost 6.25% to settle at 6.00 and Arkan Bld Mt C (AD:ARKN) which was down 5.05% to 0.94 at the close.
Declining stocks outnumbered rising ones by 20 to 7 and 6 ended unchanged; on the Abu Dhabi, 15 fell and 9 advanced, while 8 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for June delivery was up 1.31% or 0.56 to $43.20 a barrel. Meanwhile, Brent oil for delivery in July rose 1.49% or 0.66 to hit $44.98 a barrel, while the June Gold contract fell 0.44% or 5.45 to trade at $1234.75 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.10% to 4.1439.
The US Dollar Index was down 0.20% at 94.55.