Investing.com – United Arab Emirates stocks were lower after the close on Tuesday, as losses in the Real Estate & Construction, Banking and Finance & Investment sectors led shares lower.
At the close in Dubai, the DFM General lost 1.53% to hit a new 1-month low, while the ADX General index declined 0.28%.
The best performers of the session on the DFM General were Takaful House (DU:DTKF), which rose 3.42% or 0.040 points to trade at 1.210 at the close. Meanwhile, ARAMEX PJSC (DU:ARMX) added 2.67% or 0.130 points to end at 5.000 and Dubai Islamic Insurance Co. (DU:AMAN) was up 2.59% or 0.024 points to 0.949 in late trade.
The worst performers of the session were Emaar Properties PJSC (DU:EMAR), which fell 3.79% or 0.290 points to trade at 7.360 at the close. Arabtec Holding PJSC (DU:ARTC) declined 2.14% or 0.020 points to end at 0.914 and Emirates NBD PJSC (DU:ENBD) was down 2.05% or 0.170 points to 8.130.
The top performers on the ADX General were National Corp Tourism Hotels (AD:NCTH) which rose 14.83% to 3.33, Ad Shipbldg Co (AD:ADSB) which was up 2.63% to settle at 2.730 and Agthia Group (AD:AGTH) which gained 2.38% to close at 6.45.
The worst performers were Umm Al Qaiwain Cement Industries Co PSC (AD:QIC) which was down 9.52% to 0.9500 in late trade, Commercial Bank International (AD:CBI) which lost 8.59% to settle at 1.810 and Em Driving Co (AD:DRIV) which was down 8.11% to 8.50 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 23 to 7 and 7 ended unchanged; on the Abu Dhabi, 16 fell and 9 advanced, while 12 ended unchanged.
Shares in ARAMEX PJSC (DU:ARMX) rose to all time highs; gaining 2.67% or 0.130 to 5.000.
Crude oil for April delivery was up 0.39% or 0.21 to $53.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.32% or 0.18 to hit $56.19 a barrel, while the April Gold Futures contract fell 0.09% or 1.15 to trade at $1224.35 a troy ounce.
USD/AED was up 0.01% to 3.6730, while EUR/AED fell 0.09% to 3.8839.
The US Dollar Index Futures was up 0.08% at 101.75.