Today's Edition
A. SREENIVASA REDDY (ABU DHABI)
UAE stock markets continued their buoyant run on Monday, supported by optimism surrounding corporate earnings, which lifted investor sentiment.
The Abu Dhabi Securities Exchange (ADX) General Index (FADGI) rose 0.628% to close at 10,629.40. Trading activity remained strong, with 33,526 trades involving 627 million shares valued at Dh2.18 billion. Total market capitalisation of ADX-listed stocks stood at Dh3.248 trillion.
Real estate major Aldar Properties led the gains, jumping 5.23% after reporting a net profit of Dh8.8 billion and sales of Dh41 billion. Americana Restaurants International, which typically sees limited trading activity, surged 14.72% after announcing a net profit of $219 million and revenue of $2.5 billion for 2025.
ADNOC Gas, which also released its results on Monday, was actively traded, although its share price closed flat. Holding company 2PointZero Group rose 3.52%, while Lulu Retail gained 3.7%. State-owned utility TAQA recorded a sharp rise of 10.14%.
Banking stocks, however, came under pressure. Abu Dhabi Commercial Bank declined 2.15%, while First Abu Dhabi Bank slipped 0.7%.
In Dubai, the Dubai Financial Market (DFM) General Index (DFMGI) advanced 1.246% to close at 6,774.38. The session recorded 16,116 trades, with 308 million shares changing hands for a total value of Dh1.13 billion. Market breadth showed 29 gainers, 14 decliners and 10 unchanged stocks.
Real estate heavyweights Emaar Properties and Emaar Development led the rally, rising 2.82% and 1.35%, respectively. Sharjah-based carrier Air Arabia gained 1.52%, while food delivery platform Talabat rose 2.22%. Property firm Deyaar Development also edged higher, adding 0.92%.
Among banking stocks in Dubai, Dubai Islamic Bank gained 2%, while Emirates NBD declined 1.32%.
UAE equities extended their upward momentum, underpinned by strong earnings optimism and selective stock-specific catalysts,” said Milad Azar, Market Analyst at XTB MENA.
ADX gains were broad-based, led by strong performances in Aldar, TAQA and Americana, reflecting investor appetite for earnings visibility and growth opportunities despite flat price movement in ADNOC Gas, Azar noted. “Liquidity levels remained healthy, reinforcing the positive market tone.”
In Dubai, the rally was driven by real estate heavyweights, signalling continued confidence in the property cycle. “However, mixed performance among banking stocks across both markets suggests investors are rotating tactically, balancing growth exposure against valuation and margin considerations,” Azar added.
“UAE equity markets closed higher, supported by easing US-Iran geopolitical tensions, which lifted risk appetite across regional bourses,” said Adam Vettese, Market Analyst at eToro, commenting on Monday’s trading session.
Aldar Properties delivered solid, sales-driven earnings, reinforcing confidence in the ongoing real estate upswing, Vettese said. Americana Restaurants reported 14% revenue growth in its latest results, reflecting continued expansion across its quick-service portfolio, which triggered a sharp rally in its share price, he added.
