Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Consumer Staples, Services and Transport sectors propelled shares higher.
At the close in Dubai, the DFM General added 0.27%, while the ADX General index added 0.86%.
The biggest gainers of the session on the DFM General were Oman Insurance Company P.S.C. (DU:OIC), which rose 4.17% or 0.060 points to trade at 1.500 at the close. Dubai Parks and Resorts PJSC (DU:DUBA) added 3.31% or 0.040 points to end at 1.250 and National Central Cooling Co. (DU:TABR) was up 1.77% or 0.020 points to 1.150 in late trade.
Biggest losers included SHUAA Capital PSC (DU:SHUA), which lost 1.57% or 0.008 points to trade at 0.502 in late trade. Union Properties PJSC (DU:UPRO) declined 1.54% or 0.013 points to end at 0.830 and Gulf General Investments Company (DU:GGIC) shed 1.45% or 0.009 points to 0.612.
The top performers on the ADX General were Invest Bank AD (AD:INVB) which rose 14.86% to 2.01, Ad Shipbldg Co (AD:ADSB) which was up 4.75% to settle at 3.09 and Emirates Telec (AD:ETEL) which gained 2.51% to close at 18.35.
The worst performers were Al Khazna Ins (AD:AKIC) which was down 8.82% to 0.310 in late trade, Natl Bk Of Rak (AD:RAKB) which lost 4.61% to settle at 6.00 and Methaq (AD:METH) which was down 4.55% to 0.840 at the close.
Advancing stocks outnumbered falling ones by 12 to 9 and 6 ended unchanged; on the Abu Dhabi, 10 rose and 8 declined, while 6 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for May delivery was down 2.06% or 0.81 to $38.58 a barrel. Meanwhile, Brent oil for delivery in June fell 2.35% or 0.96 to hit $39.91 a barrel, while the June Gold contract fell 0.16% or 1.90 to trade at $1220.10 a troy ounce.
USD/AED was down 0.00% to 3.6729, while EUR/AED rose 0.57% to 4.1193.
The US Dollar Index was down 0.14% at 95.86.