United Arab Emirates shares mixed at close of trade; DFM General down 0.59%

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United Arab Emirates shares mixed at close of trade; DFM General down 0.59%
Credit: © Reuters.

Investing.com – United Arab Emirates equities were mixed at the close on Tuesday, as gains in the Services , Finance & Investment and Insurance sectors propelled shares higher while losses in the Transport , Consumer Staples and Real Estate & Construction sectors led shares lower.

At the close in Dubai, the DFM General declined 0.59%, while the ADX General index added 0.02%.

The biggest gainers of the session on the DFM General were Gulf General Investments Company (DU: GGIC ), which rose 5.52% or 0.016 points to trade at 0.306 at the close. Takaful Emarat PSC (DU: TKFE ) added 4.00% or 0.080 points to end at 2.080 and National Central Cooling Co. (DU: TABR ) was up 1.14% or 0.020 points to 1.770 in late trade.

Biggest losers included Commercial Bank of Dubai P.S.C. (DU: CBD ), which lost 4.76% or 0.200 points to trade at 4.000 in late trade. AJMAN BANK PJSC (DU: AJBNK ) declined 2.91% or 0.030 points to end at 1.000 and Takaful House (DU: DTKF ) shed 2.88% or 0.020 points to 0.675.

The top performers on the ADX General were Waha Capital (AD: WAHA ) which rose 2.25% to 1.820, Agthia Group (AD: AGTH ) which was up 2.07% to settle at 4.94 and Ad Commercial (AD: ADCB ) which gained 1.87% to close at 7.64.

The worst performers were Gulf Medical Projects Co PSC (AD: GMPC ) which was down 10.00% to 1.62 in late trade, National Takaful Co PJSC (AD: WATA ) which lost 2.67% to settle at 0.73 and Dana Gas (AD: DANA ) which was down 1.83% to 1.070 at the close.

Declining stocks outnumbered rising ones by 26 to 5 and 8 ended unchanged; on the Abu Dhabi, 11 fell and 8 advanced, while 11 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.24% or 0.16 to $65.94 a barrel. Meanwhile, Brent oil for delivery in August fell 0.52% or 0.40 to hit $76.06 a barrel, while the August Gold Futures contract fell 0.13% or 1.70 to trade at $1301.50 a troy ounce.

USD/AED was down 0.01% to 3.6730, while EUR/AED rose 0.01% to 4.3289.

The US Dollar Index Futures was up 0.02% at 93.58.

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