Investing.com – United Arab Emirates equities were lower at the close on Thursday, as losses in the Services, Real Estate & Construction and Consumer Staples sectors propelled shares lower.
At the close in Dubai, the DFM General fell 0.15%, while the ADX General index declined 0.70%.
The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 3.45% or 0.150 points to trade at 4.500 at the close. Islamic Arab Insurance Company (DU:SALAMA) added 3.00% or 0.012 points to end at 0.412 and Gulf General Investments Company (DU:GGIC) was up 1.83% or 0.005 points to 0.278 in late trade.
Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 3.49% or 0.023 points to trade at 0.636 in late trade. Dubai Islamic Insurance Co. (DU:AMAN) declined 2.77% or 0.019 points to end at 0.666 and Takaful Emarat PSC (DU:TKFE) shed 2.73% or 0.060 points to 2.140.
The top performers on the ADX General were Sharjah Cement AD (AD:SCID) which rose 9.38% to 1.050, Finance House (AD:FH) which was up 3.09% to settle at 1.670 and Sharjah Islami (AD:SIB) which gained 2.50% to close at 1.230.
The worst performers were Invest Bank AD (AD:INVB) which was down 9.33% to 2.040 in late trade, Rak Cmt & Cons (AD:RAKC) which lost 7.41% to settle at 0.750 and Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was down 5.66% to 0.500 at the close.
Declining stocks outnumbered rising ones by 21 to 11 and 5 ended unchanged; on the Abu Dhabi, 11 fell and 11 advanced, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.89% or 0.60 to $67.06 a barrel. Meanwhile, Brent oil for delivery in October fell 0.58% or 0.42 to hit $71.97 a barrel, while the December Gold Futures contract fell 0.30% or 3.70 to trade at $1223.90 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.38% to 4.2671.
The US Dollar Index Futures was up 0.31% at 94.75.