Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Transport, Banking and Telecoms sectors propelled shares higher while losses in the Consumer Staples, Services and Insurance sectors led shares lower.
At the close in Dubai, the DFM General fell 1.11% to hit a new 52-week low, while the ADX General index climbed 0.63%.
The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 5.26% or 0.090 points to trade at 1.800 at the close. Gulf Navigation Holding PJSC (DU:GNAV) added 1.15% or 0.011 points to end at 0.970 and Emaar Development PJSC (DU:EMAARDEV) was up 0.79% or 0.040 points to 5.130 in late trade.
Biggest losers included Drake & Scull International PJSC (DU:DSI), which lost 10.00% or 0.090 points to trade at 0.810 in late trade. Takaful House (DU:DTKF) declined 9.60% or 0.065 points to end at 0.612 and Arabtec Holding PJSC (DU:ARTC) shed 5.45% or 0.110 points to 1.910.
The top performers on the ADX General were Union Insurance Co PSC (AD:UNIN) which rose 10.49% to 1.58, Methaq (AD:METH) which was up 6.67% to settle at 0.800 and First Abu Dhabi Bank PJSC (AD:FAB) which gained 1.67% to close at 12.20.
The worst performers were Eshraq Properties Co PJSC (AD:ESHR) which was down 8.82% to 0.6200 in late trade, Ad Natl Energy (AD:TAQA) which lost 8.77% to settle at 1.040 and Rak Cement Co (AD:RKCC) which was down 6.67% to 0.700 at the close.
Declining stocks outnumbered rising ones by 28 to 6 and 5 ended unchanged; on the Abu Dhabi, 16 fell and 9 advanced, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.13% or 0.09 to $68.17 a barrel. Meanwhile, Brent oil for delivery in September rose 0.86% or 0.64 to hit $75.19 a barrel, while the August Gold Futures contract fell 0.81% or 10.30 to trade at $1258.60 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED fell 0.31% to 4.2850.
The US Dollar Index Futures was up 0.28% at 94.21.