Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Insurance, Transport and Telecoms sectors propelled shares higher while losses in the Consumer Staples, Banking and Services sectors led shares lower.
At the close in Dubai, the DFM General lost 0.13%, while the ADX General index climbed 0.04%.
The biggest gainers of the session on the DFM General were Dubai Islamic Insurance Co. (DU:AMAN), which rose 13.66% or 0.125 points to trade at 1.040 at the close. Islamic Arab Insurance Company (DU:SALAMA) added 3.54% or 0.016 points to end at 0.468 and ARAMEX PJSC (DU:ARMX) was up 1.89% or 0.100 points to 5.400 in late trade.
Biggest losers included SHUAA Capital PSC (DU:SHUA), which lost 2.94% or 0.040 points to trade at 1.320 in late trade. Dubai Financial Market PJSC (DU:DFM) declined 2.54% or 0.030 points to end at 1.150 and Drake & Scull International PJSC (DU:DSI) shed 2.42% or 0.010 points to 0.403.
The top performers on the ADX General were Rak Ceramics (AD:RKCE) which rose 5.15% to 2.450, Abu Dhabi National for Building Materials Co PJSC (AD:BILD) which was up 4.08% to settle at 0.510 and Rak Properties (AD:RPRO) which gained 1.49% to close at 0.680.
The worst performers were Green Crs Ins (AD:GCIC) which was down 9.33% to 0.680 in late trade, Gulf Pharm Ind (AD:GPHI) which lost 4.17% to settle at 2.300 and United Arab Bk (AD:UAB) which was down 3.45% to 1.400 at the close.
Declining stocks outnumbered rising ones by 18 to 16 and 3 ended unchanged; on the Abu Dhabi, 11 fell and 7 advanced, while 11 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for September delivery was up 1.62% or 0.75 to $47.09 a barrel. Meanwhile, Brent oil for delivery in September rose 1.65% or 0.80 to hit $49.40 a barrel, while the August Gold Futures contract fell 0.21% or 2.59 to trade at $1251.71 a troy ounce.
USD/AED was up 0.00% to 3.6732, while EUR/AED rose 0.12% to 4.2815.
The US Dollar Index Futures was down 0.05% at 93.77.