Investing.com – United Arab Emirates equities were lower at the close on Thursday, as losses in the Services, Finance & Investment and Real Estate & Construction sectors propelled shares lower.
At the close in Dubai, the DFM General declined 1.23%, while the ADX General index fell 0.78%.
The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 8.67% or 0.150 points to trade at 1.880 at the close. Mashreqbank PSC (DU:MASB) added 5.48% or 4.00 points to end at 77.00 and AJMAN BANK PJSC (DU:AJBNK) was up 1.92% or 0.020 points to 1.060 in late trade.
Biggest losers included Commercial Bank of Dubai P.S.C. (DU:CBD), which lost 6.25% or 0.250 points to trade at 3.750 in late trade. Amanat Holdings PJSC (DU:AMANT) declined 3.62% or 0.050 points to end at 1.330 and Arabtec Holding PJSC (DU:ARTC) shed 3.14% or 0.070 points to 2.160.
The top performers on the ADX General were Rak Cmt & Cons (AD:RAKC) which rose 14.12% to 0.970, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 6.52% to settle at 0.490 and Ad Commercial (AD:ADCB) which gained 0.97% to close at 7.25.
The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 9.81% to 1.930 in late trade, Al Khaleej Investment Co PJSC (AD:KICO) which lost 9.28% to settle at 2.15 and Commercial Bank International (AD:CBI) which was down 7.69% to 0.600 at the close.
Declining stocks outnumbered rising ones by 31 to 8 and 3 ended unchanged; on the Abu Dhabi, 16 fell and 4 advanced, while 11 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.19% or 0.13 to $66.69 a barrel. Meanwhile, Brent oil for delivery in June fell 0.35% or 0.25 to hit $71.81 a barrel, while the June Gold Futures contract fell 0.78% or 10.60 to trade at $1349.40 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.24% to 4.5322.
The US Dollar Index Futures was up 0.25% at 89.44.