Investing.com – United Arab Emirates equities were higher at the close on Tuesday, as gains in the Finance & Investment, Services and Consumer Staples sectors propelled shares higher.
At the close in Dubai, the DFM General gained 0.49%, while the ADX General index climbed 1.48%.
The biggest gainers of the session on the DFM General were Gulf General Investments Company (DU:GGIC), which rose 5.71% or 0.036 points to trade at 0.666 at the close. Dubai Islamic Insurance Co. (DU:AMAN) added 4.29% or 0.024 points to end at 0.583 and Drake & Scull International PJSC (DU:DSI) was up 4.13% or 0.017 points to 0.429 in late trade.
Biggest losers included Emaar Malls Group (DU:EMAA), which lost 3.16% or 0.09 points to trade at 2.76 in late trade. Takaful House (DU:DTKF) declined 3.12% or 0.015 points to end at 0.465 and Emirate Integrated Telecom Co PJSC (DU:DU) shed 2.00% or 0.100 points to 4.900.
The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 14.94% to 2.77, Arkan Bld Mt C (AD:ARKN) which was up 11.11% to settle at 0.81 and Al Khazna Ins (AD:AKIC) which gained 7.41% to close at 0.290.
The worst performers were Gulf Medical Projects Co PSC (AD:GMPC) which was down 4.00% to 2.40 in late trade, Methaq (AD:METH) which lost 1.47% to settle at 0.670 and Rak Cement Co (AD:RKCC) which was down 1.20% to 0.820 at the close.
Advancing stocks outnumbered falling ones by 17 to 9 and 1 ended unchanged; on the Abu Dhabi, 19 rose and 5 declined, while 5 ended unchanged on the Dubai Stock Exchange.
In commodities trading, Crude oil for December delivery was down 0.89% or 0.37 to $41.37 a barrel. Meanwhile, Brent oil for delivery in January fell 0.83% or 0.37 to hit $44.19 a barrel, while the December Gold contract fell 0.25% or 2.70 to trade at $1080.90 a troy ounce.
USD/AED was up 0.01% to 3.6731, while EUR/AED fell 0.09% to 3.9210.
The US Dollar Index was up 0.08% at 99.55.