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Al Etihad
a day ago
- Business
- Al Etihad
FAB results trigger ADX rally
23 July 2025 18:08 A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets made a dramatic leap on Wednesday, with the main indices of the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) rising by 1.15% and 1.09%, Abu Dhabi Bank (FAB) and Multiply Group led the rally at the ADX, with their share prices rising nearly 5% and 3.4%, respectively. FAB shares surged after the bank reported a record net profit of Dh10.63 billion for the first half of the year — the highest ever for a half-year period. The 5% increase marked the bank's biggest intraday gain. Bank of Sharjah shares also climbed 10%, following a sharp rise in its half-yearly surrounding second-quarter earnings and a trade deal struck between the United States and Japan appear to have triggered the rally in the UAE ADX main index (FADGI) closed at 10,296.28, with its market capitalisation reaching Dh3.142 trillion. The main market's capitalisation stood at Dh3.020 trillion.A total of 26,211 trades were executed on the ADX, involving 396 million shares with a combined value of Dh1.38 DFM's general index (DFMGI) reached 6,086.19, with its market capitalisation surpassing the Dh1 trillion mark.A total of 6,086 trades were executed on the DFM, involving 217 million shares with a combined value of Dh662 million. Share prices of 26 companies rose, 16 declined, and 10 remained unchanged. Emaar Developments and Emirates NBD led the rally with gains of 3.4% and 2.9%, respectively.
Al Etihad
7 days ago
- Business
- Al Etihad
UAE stock markets hit new peaks as DFM index is up by a massive 2.2%
17 July 2025 19:12 A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets continue to scale new peaks on Thursday as the Abu Dhabi Securities Exchange's general index (FADGI) rose 0.650% and the Dubai Financial Market (DFM)'s index (DFMGI) was up by a massive 2.154%.The optimism over the second-quarter earnings appears to be a significant driving force behind the UAE market rally. The ADX main index closed at 10,242.49, with its market capitalisation reaching Dh3.132 trillion. The main market's market cap too crossed the Dh1 trillion Abu Dhabi Bank (FAB), Multiply Group and Aldar led the rally with their share prices rising 3.5%, 3% and 1.6%, respectively.A total of 37,057 trades were executed, involving 433 million shares with a combined value of Dh1.60 top gainers on the ADX included Commercial Bank International (+10.11%), Bank of Sharjah (+8.11%) and UAQ National Bank (+6.4%).Notable decliners were Oman and Emirates Investments (-10.00%) and National Co. for Building Materials (-4.54%).The DFM's general index crossed the 6,000 milestone to reach 6103.09 with its market cap well above the Dh1 trillion mark.A total of 16,914 trades were executed on the DFM, involving 327 million shares with a combined value of Dh967 prices of 22 companies rose, 20 declined, and 11 remained stocks — Emirates NBD and Dubai Islamic Bank — led the rally with a 4% and 1.9% surge, respectively. Air Arabia rose 3.9% as Air Arabia Abu Dhabi has decided to increase its operational capacity by 40% following a new opportunity in the Abu Dhabi market. Realty giants — Emaar and Emaar Developments — saw a spike of over 2%. Stock Markets Continue full coverage
Gulf Today
17-07-2025
- Business
- Gulf Today
At the halfway mark: What the 2025 markets have - and haven't
Six months into 2025, the only thing markets had made clear was how unclear everything still is. A sharp sell-off in April followed by an equally swift rebound left investors with more questions than answers. The macro signals remain mixed, policy direction is far from settled, and asset performance seems to shift week by week rather than by sector or geography. In that sense, 2025 has resisted easy classification: it is neither a textbook recovery nor a broad retreat to safety. Instead, it's proven to be more fluid, more tactical, and more dependent on timing and agility than in recent cycles. Clarity is not a given Much of the volatility in Q2 was reflexive, not directional. The Nasdaq shed over 20% in April before recouping its losses by June. The S&P 500 followed a similar trajectory, ending the half up 5.3% year-to-date—though that figure conceals the sharp swings it endured along the way. These movements weren't grounded in upgrades to earnings or economic outlooks. They were sparked by headlines and driven by positioning shifts. No single centre of gravity One of the defining features of this cycle is the absence of a clear market leader. U.S. tech rebounded strongly in Q2, but not across the board. Cyclicals have had moments of strength, but haven't sustained momentum. Commodities responded more to geopolitics than to supply-demand fundamentals, and fixed income flows have remained concentrated in the short end of the curve. The result is dispersion. The Hang Seng was one of the best performers globally in H1, up over 20%, while the Nikkei declined slightly despite a supportive currency backdrop. In Europe, the FTSE 100 and DAX posted healthy gains, driven in part by defensive sectors and FX tailwinds. And in the Middle East, the picture was mixed: Abu Dhabi's ADX rose 5.2%, Dubai's DFM added 3.4%, while Saudi's Tadawul dipped slightly. More notably, capital flows from the region showed an outward-looking investor appetite for global assets like US Treasuries and infrastructure-linked private funds. The rise of metals and moderation The standout performers of H1 were gold and silver. Gold rose 27.39%, while silver gained 25.55%, with much of the buying driven not by retail flows but by institutional positioning and central bank accumulation. With the dollar weakening and real yields compressing, the appeal of metals as an inflation and volatility hedge has reasserted itself. Brace for a second half that rewards preparation As the second half begins, the macro picture remains event-driven, but not unstable. The risks that triggered April's correction have not fully disappeared. The Fed's next move could shift sentiment abruptly. U.S. elections and geopolitical realignments will continue to inject uncertainty. At the same time, inflation is trending lower in key markets, labour markets remain resilient, and recession concerns, while still present, are far less acute than they were a year ago. For investors, the imperative is not to chase the next rally or brace for collapse, but to build portfolios resilient enough to accommodate both. That means revisiting sector exposures, managing concentration risk, and holding enough liquidity to act on opportunities without being forced into them. It also means understanding that the next 5% up or down may come from a headline, not a thesis, and positioning accordingly. If H1 was a test of patience and positioning, H2 is likely to be a test of discipline. More details at: https: //
Al Etihad
16-07-2025
- Business
- Al Etihad
UAE markets continue rally as DFM crosses Dh1 trillion mark
16 July 2025 21:18 A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets continued to soar to new peaks as the Dubai Financial Market crossed Dh1 trillion in market capitalisation. The Abu Dhabi Securities Exchange (ADX)'s general index (FADGI) rose by 0.253% to close at 10,176.33. First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) led the rally with their share prices rising 2.6% and 1.8%, respectively. A total of 33,525 trades were executed, involving 410 million shares with a combined value of Dh1.70 billion. The total market capitalisation of all companies listed on the ADX stood at Dh3.119 trillion. Other top gainers on the ADX included Oman and Emirates Investment (+9.24%), UAQ Investments (+4.7%) and Bank of Sharjah (3.7%). Notable decliners were Al Khaleej Investments (-9.03%) and Abu Dhabi National Insurance (-4.44%). The DFM continued its rally with its general index (DFMGI) rising by 1.021% to close at 5,974.43. According to Kamco Invest, the combined market capitalisation of all DFM-listed companies reached Dh1.009 trillion at the end of Tuesday trading. The live updates on the combined market cap are not provided by the DFM, unlike ADX. But at the end of trading on Wednesday, the market cap could have risen substantially from Dh1.009 trillion mark because of a strong market rally. A total of 16,112 trades were executed on the DFM, involving 419 million shares with a combined value of Dh988 million. Share prices of 27 companies rose, 20 declined, and eight remained unchanged. Banking stocks — Emirates NBD and Dubai Islamic Bank — led the rally with a 3.7% and Dh2.2% surge, respectively. Air Arabia rose 1.1% as Air Arabia Abu Dhabi has decided to increase its operational capacity by 40% following the closure of Wizz Air Abu Dhabi. Overall, it is the banking stocks which are leading the rally in the UAE markets in anticipation of good second quarter results.
Al Etihad
15-07-2025
- Business
- Al Etihad
ADCB Q2 results spark ADX rally
15 July 2025 21:40 A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets continued to make gains as expectations are rising over the upcoming second quarter results of various listed companies. The Abu Dhabi Securities Exchange (ADX) continued its positive trajectory with its general index (FADGI) rising by 0.872% to close at 10,150.65. Abu Dhabi Commercial Bank (ADCB) led the rally with its share price rising by 7.6% after it reported second quarter net profit of Dh2.32 billion, exceeding analysts' estimates. Multiply Group and Aldar Properties are the two other blue chips which contributed to the rally with 7.7% and 2.75% rises, respectively. A total of 33,108 trades were executed, involving 494 million shares with a combined value of Dh1.87 billion. The total market capitalisation of all companies listed on the ADX stood at Dh3.116 trillion. Other top gainers on the ADX included Bank of Sharjah (BoS) (+5.94%), and Pure Health (+4.2%). BoS too reported good second quarter results. Notable decliners were UAQ Investments (-9.05%), Al Wathba Insurance (-8.15%), and Agility Global (-7.52%). The Dubai Financial Market (DFM) continued its rally with its general index (DFMGI) rising by 0.981% to close at 5,914.05. A total of 15,642 trades were executed on the DFM, involving 610 million shares with a combined value of Dh961 million. Share prices of 28 companies rose, 19 declined, and seven remained unchanged. Emirates NBD led the rally with a 5.2% surge followed by Emaar and Emaar Development, which rose 1.74% and 1.4%, respectively. Among the other top gainers were Al Ramz Capital (+15%), Ekttitab Holdings (+14.88%), and Ithmaar Holding (+7.48%). On the losing side, BHM Capital fell by 4.51%, followed by Union Properties (-4.23%) and TECOM (-1.48%). Stock Markets Continue full coverage
