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United Arab Emirates shares lower at close of trade; DFM General down 0.86%

Published 28/07/2015, 12:15
United Arab Emirates shares lower at close of trade; DFM General down 0.86%
EUR/AED
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DFMGI
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DFMRE
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CBD
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WATANIA
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GGIC
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SHUA
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TKFE
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DFMCSI
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DFMSV
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HAYAH
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EMSTEEL
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DANA
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TAQA
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WAHA
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FTFADGI
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EMAA
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CBI
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Investing.com – United Arab Emirates equities were lower at the close on Tuesday, as losses in the Consumer Staples, Services and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General fell 0.86%, while the ADX General index fell 0.37%.

The biggest gainers of the session on the DFM General were Commercial Bank of Dubai P.S.C. (DU:CBD), which rose 5.47% or 0.350 points to trade at 6.750 at the close. Takaful Emarat PSC (DU:TKFE) added 1.70% or 0.030 points to end at 1.790 and Takaful House (DU:DTKF) was up 0.83% or 0.005 points to 0.605 in late trade.

Biggest losers included Gulf General Investments Company (DU:GGIC), which lost 3.22% or 0.030 points to trade at 0.902 in late trade. SHUAA Capital PSC (DU:SHUA) declined 2.82% or 0.018 points to end at 0.620 and Emaar Malls Group (DU:EMAA) shed 2.76% or 0.09 points to 3.17.

The top performers on the ADX General were Green Crs Ins (AD:GCIC) which rose 1.82% to 0.560, Ad Natl Energy (AD:TAQA) which was up 1.49% to settle at 0.680 and Arkan Bld Mt C (AD:ARKN) which gained 0.96% to close at 1.04.

The worst performers were Commercial Bank International (AD:CBI) which was down 9.09% to 1.50 in late trade, Waha Capital (AD:WAHA) which lost 3.15% to settle at 2.46 and Dana Gas (AD:DANA) which was down 1.82% to 0.550 at the close.

Declining stocks outnumbered rising ones by 19 to 8; on the Abu Dhabi, 14 fell and 5 advanced, while 4 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.58% or 0.75 to $48.14 a barrel. Meanwhile, Brent oil for delivery in September rose 0.46% or 0.24 to hit $53.72 a barrel, while the December Gold contract fell 0.14% or 1.50 to trade at $1095.40 a troy ounce.

USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.32% to 4.0611.

The US Dollar Index was up 0.13% at 96.76.

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