Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Insurance, Banking and Finance & Investment sectors propelled shares higher while losses in the Consumer Staples, Telecoms and Transport sectors led shares lower.
At the close in Dubai, the DFM General fell 0.27%, while the ADX General index gained 0.30%.
The biggest gainers of the session on the DFM General were Takaful House (DU:DTKF), which rose 12.55% or 0.116 points to trade at 1.040 at the close. Mashreqbank PSC (DU:MASB) added 7.17% or 4.35 points to end at 65.00 and Islamic Arab Insurance Company (DU:SALAMA) was up 5.03% or 0.024 points to 0.501 in late trade.
Biggest losers included Union Properties PJSC (DU:UPRO), which lost 1.71% or 0.020 points to trade at 1.150 in late trade. Dubai Financial Market PJSC (DU:DFM) declined 1.56% or 0.020 points to end at 1.260 and AJMAN BANK PJSC (DU:AJBNK) shed 1.49% or 0.020 points to 1.320.
The top performers on the ADX General were Abu Dhabi National Hotels Co (AD:ADNH) which rose 10.34% to 3.20, Int Fish Farmi (AD:ASMK) which was up 3.21% to settle at 1.93 and Invest Bank AD (AD:INVB) which gained 2.27% to close at 2.250.
The worst performers were Green Crs Ins (AD:GCIC) which was down 4.76% to 0.600 in late trade, Arkan Building Materials Co PJSC (AD:ARKN) which lost 3.41% to settle at 0.8500 and Ad Aviation (AD:ADAV) which was down 3.23% to 3.000 at the close.
Declining stocks outnumbered rising ones by 20 to 12 and 8 ended unchanged; on the Abu Dhabi, 13 rose and 11 declined, while 4 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.28% or 0.15 to $53.17 a barrel. Meanwhile, Brent oil for delivery in March fell 0.04% or 0.02 to hit $55.88 a barrel, while the February Gold contract rose 0.97% or 10.95 to trade at $1144.55 a troy ounce.
USD/AED was unchanged 0.00% to 3.6726, while EUR/AED fell 0.04% to 3.8384.
The US Dollar Index was up 0.08% at 103.03.