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Fawad Khan makes Sonakshi Sinah Blush at IIFA awards 2016

Fawad Khan makes Sonakshi Sinah Blush at IIFA awards 2016

United Arab Emirates equities were lower at the close on Tuesday, as losses in the Insurance, Finance & Investment and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General declined 0.44%, while the ADX General index lost 0.49%.

The biggest gainers of the session on the DFM General were ARAMEX PJSC (DU:ARMX), which rose 5.54% or 0.200 points to trade at 3.810 at the close. Emirate Integrated Telecom Co PJSC (DU:DU) added 1.46% or 0.100 points to end at 6.930 and Emirates NBD PJSC (DU:ENBD) was up 1.03% or 0.090 points to 8.800 in late trade.

Biggest losers included National General Insurance Co PSC (DU:NGIN), which lost 5.91% or 0.12 points to trade at 1.91 in late trade. Islamic Arab Insurance Company (DU:SALAMA) declined 2.83% or 0.015 points to end at 0.515 and Takaful House (DU:DTKF) shed 2.68% or 0.030 points to 1.090.

The top performers on the ADX General were Ad Shipbldg Co (AD:ADSB) which rose 14.92% to 2.850, Ad Commercial (AD:ADCB) which was up 2.05% to settle at 6.48 and Ad Islamic Bk (AD:ADIB) which gained 1.58% to close at 3.850.

The worst performers were Methaq (AD:METH) which was down 4.30% to 0.890 in late trade, Al Khazna Ins (AD:AKIC) which lost 4.26% to settle at 0.450 and National Marine Dredging PSC (AD:NMDC) which was down 4.08% to 4.700 at the close.

Declining stocks outnumbered rising ones by 26 to 6 and 3 ended unchanged; on the Abu Dhabi, 12 fell and 8 advanced, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.18% or 0.51 to $42.62 a barrel. Meanwhile, Brent oil for delivery in October fell 0.80% or 0.36 to hit $44.77 a barrel, while the December Gold contract rose 0.09% or 1.20 to trade at $1328.40 a troy ounce.

USD/AED was down 0.00% to 3.6730, while EUR/AED rose 0.07% to 4.0394.

The US Dollar Index was down 0.17% at 97.11.

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Courtesy : uk.investing.com



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