Investing.com – United Arab Emirates equities were lower at the close on Thursday, as losses in the Finance & Investment, Real Estate & Construction and Services sectors propelled shares lower.
At the close in Dubai, the DFM General declined 0.99%, while the ADX General index fell 0.15%.
The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 0.90% or 0.030 points to trade at 3.380 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 0.78% or 0.010 points to end at 1.300 and Islamic Arab Insurance Company (DU:SALAMA) was up 0.51% or 0.003 points to 0.588 in late trade.
Biggest losers included Arabtec Holding PJSC (DU:ARTC), which lost 4.55% or 0.110 points to trade at 2.310 in late trade. Union Properties PJSC (DU:UPRO) declined 3.33% or 0.040 points to end at 1.160 and Takaful House (DU:DTKF) shed 3.17% or 0.020 points to 0.610.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 10.15% to 2.93, Int Fish Farmi (AD:ASMK) which was up 7.50% to settle at 6.45 and Agthia Group (AD:AGTH) which gained 3.82% to close at 7.89.
The worst performers were Emirates Telec (AD:ETEL) which was down 3.18% to 13.70 in late trade, Bank Of Sharja (AD:BOS) which lost 3.13% to settle at 1.55 and Ad Natl Energy (AD:TAQA) which was down 2.90% to 0.670 at the close.
Declining stocks outnumbered rising ones by 22 to 4 and 2 ended unchanged; on the Abu Dhabi, 14 rose and 8 declined, while 1 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was down 0.99% or 0.45 to $44.70 a barrel. Meanwhile, Brent oil for delivery in September fell 0.50% or 0.25 to hit $49.34 a barrel, while the December Gold contract fell 0.08% or 0.90 to trade at $1084.70 a troy ounce.
USD/AED was down 0.00% to 3.6730, while EUR/AED fell 0.17% to 3.9994.
The US Dollar Index was up 0.23% at 98.20.