Today's Edition
A. SREENIVASA REDDY (ABU DHABI)
The UAE stock markets reported mixed trading on Tuesday, with the Dubai market posting gains after snapping two consecutive sessions of losses.
The Abu Dhabi Securities Exchange (ADX) General Index (FADGI) edged down 0.078% to close at 9,979.97, extending its decline to a third straight session.
Trading remained active, with 16,933 trades involving 218 million shares and a total value of Dh859 million. Total market capitalisation of ADX-listed stocks stood at Dh3.145 trillion.
Among the prominent gainers were NMDC, an IHC company, which rose 3.45%, and Abu Dhabi Islamic Bank, which gained 1.35%. On the downside, ADNOC Distribution and ADNOC Drilling fell by more than 1% each. ADNOC Gas declined 0.86% after seven bulk trades worth Dh67.75 million were recorded.
Meanwhile, 2PointZero Group announced the nomination of 10 candidates for board positions in the newly created business group. His Highness Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, Mohamed Hassan Alsuwaidi, Mariam AlMheiri, Syed Basar Shueb and Samia Bouazza are among the nominees. The candidates will be presented to shareholders at the General Assembly Meeting scheduled for December 18, 2025.
In Dubai, the Dubai Financial Market (DFM) General Index (DFMGI) rose 0.34% to close at 6,110.07. The session recorded 12,345 trades, with 206 million shares traded at a total value of Dh633 million. Market breadth showed 27 gainers, 17 decliners and 10 unchanged stocks.
Real estate major Emaar advanced 1.4%, while the toll-gate operator gained 1.29%. Emirates NBD added 0.89%. On the losing side, Gulf Navigation plunged 9.92%, while Dubai Refreshment Company slipped 9.84%.
