Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Services, Real Estate & Construction and Consumer Staples sectors propelled shares higher while losses in the Banking, Insurance and Telecoms sectors led shares lower.
At the close in Dubai, the DFM General added 0.12%, while the ADX General index declined 0.28%.
The biggest gainers of the session on the DFM General were Gulf Navigation Holding PJSC (DU:GNAV), which rose 8.97% or 0.047 points to trade at 0.571 at the close. Damac Properties Dubai Co PSC (DU:DAMAC) added 3.30% or 0.07 points to end at 2.19 and Emaar Properties PJSC (DU:EMAR) was up 2.11% or 0.110 points to 5.330 in late trade.
Biggest losers included Dubai Islamic Insurance Co. (DU:AMAN), which lost 4.00% or 0.020 points to trade at 0.480 in late trade. Emirates NBD PJSC (DU:ENBD) declined 3.87% or 0.270 points to end at 6.700 and Mashreqbank PSC (DU:MASB) shed 3.85% or 4.00 points to 100.00.
The top performers on the ADX General were Natl Co Bldg M (AD:BILD) which rose 2.44% to 0.420, Eshraq Properties Co PJSC (AD:ESHR) which was up 2.17% to settle at 0.4700 and Methaq (AD:METH) which gained 1.79% to close at 0.570.
The worst performers were Al Khazna Ins (AD:AKIC) which was down 5.71% to 0.330 in late trade, Ad Shipbldg Co (AD:ADSB) which lost 5.47% to settle at 2.42 and Rak Properties (AD:RPRO) which was down 4.17% to 0.460 at the close.
Advancing stocks outnumbered falling ones by 14 to 13; on the Abu Dhabi, 17 fell and 5 advanced, while 2 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for January delivery was up 1.38% or 0.50 to $36.81 a barrel. Meanwhile, Brent oil for delivery in February rose 1.70% or 0.65 to hit $38.81 a barrel, while the February Gold contract rose 0.06% or 0.60 to trade at $1064.00 a troy ounce.
USD/AED was unchanged 0.00% to 3.6731, while EUR/AED rose 0.13% to 4.0420.
The US Dollar Index was down 0.21% at 97.53.