Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Services, Consumer Staples and Banking sectors propelled shares lower.
At the close in Dubai, the DFM General declined 2.10% to hit a new 52-week low, while the ADX General index declined 2.10%.
The biggest gainers of the session on the DFM General were Takaful Emarat PSC (DU:TKFE), which rose 1.87% or 0.030 points to trade at 1.630 at the close. Emirate Integrated Telecom Co PJSC (DU:DU) added 0.20% or 0.010 points to end at 4.970 and Takaful House (DU:DTKF) was unchanged 0.00% or 0.000 points to 0.437 in late trade.
Biggest losers included Dubai Islamic Insurance Co. (DU:AMAN), which lost 9.91% or 0.053 points to trade at 0.482 in late trade. Deyaar Development PJSC (DU:DEYR) declined 5.07% or 0.024 points to end at 0.449 and Emirates NBD PJSC (DU:ENBD) shed 4.11% or 0.300 points to 7.000.
The top performers on the ADX General were Agthia Group (AD:AGTH) which rose 1.33% to 7.60, Finance House (AD:FH) which was unchanged 0.00% to settle at 2.22 and Emirates Ins C (AD:EIC) which unchanged 0.00% to close at 6.72.
The worst performers were Ad Shipbldg Co (AD:ADSB) which was down 9.86% to 2.56 in late trade, Methaq (AD:METH) which lost 6.78% to settle at 0.550 and Rak Cement Co (AD:RKCC) which was down 5.56% to 0.900 at the close.
Declining stocks outnumbered rising ones by 23 to 2 and 2 ended unchanged; on the Abu Dhabi, 21 fell and 1 advanced, while 2 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for January delivery was down 3.84% or 1.41 to $35.35 a barrel. Meanwhile, Brent oil for delivery in January unchanged 0.00% or 0.00 to hit $38.32 a barrel, while the February Gold contract rose 0.19% or 2.00 to trade at $1074.00 a troy ounce.
USD/AED was down 0.01% to 3.6725, while EUR/AED rose 0.51% to 4.0379.
The US Dollar Index was unchanged 0.00% at 97.61.