Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Consumer Staples, Banking and Real Estate & Construction sectors propelled shares higher.
At the close in Dubai, the DFM General rose 0.19%, while the ADX General index added 0.49%.
The biggest gainers of the session on the DFM General were Dubai Islamic Bank (DU:DISB), which rose 2.40% or 0.120 points to trade at 5.120 at the close. Emaar Malls Group (DU:EMAA) added 1.47% or 0.040 points to end at 2.760 and Union Properties PJSC (DU:UPRO) was up 1.10% or 0.008 points to 0.735 in late trade.
Biggest losers included National Central Cooling Co. (DU:TABR), which lost 1.44% or 0.020 points to trade at 1.370 in late trade. Dubai Islamic Insurance Co. (DU:AMAN) declined 1.37% or 0.008 points to end at 0.577 and Damac Properties Dubai Co PSC (DU:DAMAC) shed 1.24% or 0.030 points to 2.380.
The top performers on the ADX General were Em Driving Co (AD:DRIV) which rose 6.97% to 6.75, Natl Bk Of Ad (AD:NBAD) which was up 2.92% to settle at 8.10 and Natl Bk Of Rak (AD:RAKB) which gained 1.96% to close at 5.20.
The worst performers were Ad Natl Ins Co (AD:ADNI) which was down 2.91% to 2.000 in late trade, Eshraq Properties Co PJSC (AD:ESHR) which lost 1.25% to settle at 0.7900 and National Marine Dredging PSC (AD:NMDC) which was down 0.91% to 5.450 at the close.
Declining stocks outnumbered rising ones by 15 to 8 and 9 ended unchanged; on the Abu Dhabi, 13 fell and 11 advanced, while 7 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for July delivery was down 1.31% or 0.64 to $48.24 a barrel. Meanwhile, Brent oil for delivery in August fell 1.31% or 0.66 to hit $49.69 a barrel, while the August Gold contract fell 0.14% or 1.75 to trade at $1285.15 a troy ounce.
USD/AED was unchanged 0.00% to 3.6730, while EUR/AED fell 0.58% to 4.1235.
The US Dollar Index was up 0.43% at 94.83.