Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Consumer Staples, Finance & Investment and Services sectors propelled shares higher.
At the close in Dubai, the DFM General added 4.61%, while the ADX General index added 1.63%.
The biggest gainers of the session on the DFM General were Takaful House (DU:DTKF), which rose 14.40% or 0.072 points to trade at 0.572 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 13.00% or 0.130 points to end at 1.130 and Union Properties PJSC (DU:UPRO) was up 10.11% or 0.090 points to 0.980 in late trade.
Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 6.88% or 0.110 points to trade at 1.600 in late trade. Marka Pjse (DU:MARKA) declined 0.86% or 0.01 points to end at 1.15 and Dubai Islamic Insurance Co. (DU:AMAN) shed 0.36% or 0.002 points to 0.556.
The top performers on the ADX General were Dana Gas (AD:DANA) which rose 13.64% to 0.500, Ad Commercial (AD:ADCB) which was up 12.29% to settle at 7.49 and Rak Properties (AD:RPRO) which gained 11.76% to close at 0.570.
The worst performers were Ad Natl Energy (AD:TAQA) which was down 3.77% to 0.510 in late trade, First Gulf Bk (AD:FGB) which lost 2.17% to settle at 13.50 and Arkan Bld Mt C (AD:ARKN) which was down 1.00% to 1.00 at the close.
Advancing stocks outnumbered falling ones by 24 to 3; on the Abu Dhabi, 17 rose and 5 declined, while 1 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for October delivery was up 2.82% or 1.08 to $39.32 a barrel. Meanwhile, Brent oil for delivery in October rose 2.92% or 1.25 to hit $43.94 a barrel, while the December Gold contract fell 0.35% or 4.00 to trade at $1149.60 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED fell 0.93% to 4.2263.
The US Dollar Index was up 0.70% at 94.03.