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    Home » UAE Markets Retreat as DFM and ADX Track Global Weakness Despite Strong Q3 Earnings – Comments from Vijay Valecha , CIO – Century Financial
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    UAE Markets Retreat as DFM and ADX Track Global Weakness Despite Strong Q3 Earnings – Comments from Vijay Valecha , CIO – Century Financial

    Kuwaiti TribuneBy Kuwaiti TribuneNovember 14, 2025No Comments4 Mins Read
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    The DFM Common Index closed the week ending 14th November with a small 1.25% decline, close to the AED 5,949 stage. The index has been pressured not too long ago, dragged by a slowdown in international fairness indices.

    The index was pressured by the lagging efficiency of shares like Emirates NBD Financial institution, which fell by 7.91%; Talabat Holding, which fell by 8.67%, and Dubai Electrical energy & Water Authority, which fell by 1.79% for the week. In the meantime, shares that added some assist this week included Emaar Properties, which rose by 1.47%; Mashreqbank, which dipped by 2.11%; and Emaar Improvement, which rose by 1.01%. (Supply: Bloomberg)

    Throughout the week, Dubai Electrical energy & Water Authority reported record-breaking income of AED 24.9 billion (+5.9% YoY) for the primary 9 months of 2025. It additionally reported an EBITDA of AED 13.1 billion (+11.9% YoY), an working revenue of AED 8.3 billion (+21.5% YoY), resulting in a web revenue of AED 6.8 billion (+24.8% YoY).

    One other distinguished title, Salik, reported a 38.6% YoY enhance in income to AED 2.28 billion for the primary 9 months of 2025. A sturdy revenue margin of 69.6% resulted in an EBITDA of AED 1.58 billion (+42% YoY), whereas web revenue got here as much as AED 1.14 billion (+39.1% YoY).

    Different main names that reported earnings this week included Talabat, Air Arabia, Dubai Taxi, Spinneys, and Aramex.

    By way of sectors, Shopper Discretionary and Financials lagged this week, with declines of 6.89% and a pair of.51%, respectively. Conversely, sectors that outperformed this week included Supplies and Actual Property, which rose by 1.46% and 0.95%, respectively. (Supply: DFM Stories)

    For the subsequent week, no main names are anticipated to launch earnings. (Supply: Bloomberg)

    On the technical entrance, the current weak point within the index has seen costs fall beneath the important thing 50 and 100-day transferring averages, suggesting a reversal in pattern. The weak pattern is additional evident within the every day chart, the place the RSI is now beneath the 50 mark and downward sloping, suggesting weakening momentum. The index can discover potential assist close to the AED 5,905 ranges from the lows of early September, whereas a big upside could be capped close to the AED 6,000 stage from the 100-day SMA.

    The ADX Common Index fell 1.56% for the week ending November 14th, 2025, closing beneath AED 10,000 at AED 9,917.90. This marks the third weekly decline.

    By way of sectors, the Shopper Staples was the one one to publish positive aspects for the week, rising 1.77%. The remainder of the sectors underperformed, with Know-how, Actual Property, and Well being Care being the most important laggards, falling 11.82%, 6.95% and 4.06% respectively. Total, the ADX sector efficiency mirrored international tendencies, following weak point in tech shares amid risk-off sentiment.

    A number of corporations introduced earnings through the week, together with TAQA, ADNOC Fuel, ADNOC Logistics, Fertiglobe, Presight AI, and Lulu Retail. Lulu posted regular development with Q3 income of about $1.89 billion and web revenue of $36 million. ADNOC Fuel reported income of $5.93 billion and web revenue of $1.34 billion for the quarter. Its web revenue hit a report excessive, fueled by sturdy home demand and powerful margins. Trying forward, Abu Dhabi Ports Co. PJSC is ready to announce its earnings subsequent week.

    On the technical entrance, the index has fallen beneath a trendline marked by lows of eleventh September, twenty sixth September, and eleventh November. This trendline had acted as a base for nearly two months. On Monday, the index opened on the 50-day SMA however couldn’t maintain above and has been falling since, with the index now buying and selling beneath the 50-day and 100-day SMA. On the draw back, the subsequent assist is on the 200-day SMA, round AED 9,818.75. On the flip facet, the index would possibly face resistance at AED 10,050.





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