Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Services, Consumer Staples and Telecoms sectors propelled shares lower.
At the close in Dubai, the DFM General fell 0.22%, while the ADX General index fell 0.18%.
The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 3.02% or 0.130 points to trade at 4.430 at the close. Drake & Scull International PJSC (DU:DSI) added 2.88% or 0.020 points to end at 0.715 and Union Properties PJSC (DU:UPRO) was up 1.23% or 0.009 points to 0.739 in late trade.
Biggest losers included Takaful House (DU:DTKF), which lost 4.28% or 0.036 points to trade at 0.805 in late trade. SHUAA Capital PSC (DU:SHUA) declined 3.74% or 0.040 points to end at 1.030 and Amanat Holdings PJSC (DU:AMANT) shed 2.34% or 0.030 points to 1.250.
The top performers on the ADX General were United Arab Bk (AD:UAB) which rose 14.85% to 1.160, Ad Shipbldg Co (AD:ADSB) which was up 4.15% to settle at 2.010 and Eshraq Properties Co PJSC (AD:ESHR) which gained 1.59% to close at 0.6400.
The worst performers were International Holding Company PJSC (AD:IHC) which was down 2.31% to 1.27 in late trade, Arkan Building Materials Co PJSC (AD:ARKN) which lost 1.72% to settle at 0.5700 and Aldar Properti (AD:ALDR) which was down 1.44% to 2.060 at the close.
Declining stocks outnumbered rising ones by 19 to 8 and 11 ended unchanged; on the Abu Dhabi, 9 fell and 8 advanced, while 10 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was up 0.30% or 0.20 to $67.27 a barrel. Meanwhile, Brent oil for delivery in September rose 0.38% or 0.27 to hit $72.11 a barrel, while the August Gold Futures contract rose 0.14% or 1.70 to trade at $1241.40 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED rose 0.01% to 4.3022.
The US Dollar Index Futures was up 0.02% at 94.29.