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    Home » DFM Flat, ADX Weak: UAE Markets Eye OPEC+ Outcome This Weekend : Comments from Vijay Valecha , CIO – Century Financial
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    DFM Flat, ADX Weak: UAE Markets Eye OPEC+ Outcome This Weekend : Comments from Vijay Valecha , CIO – Century Financial

    Kuwaiti TribuneBy Kuwaiti TribuneNovember 29, 2025Updated:May 22, 2026No Comments3 Mins Read
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    UAE markets ended the week on a blended word as international markets assessed fluctuating oil costs forward of the OPEC+ assembly on Sunday. Over the weekend, the group is predicted to maintain its oil output coverage unchanged, taking a cautious stance amid provide glut considerations. On the company entrance, Sharjah Islamic Financial institution listed a $500 million five-year sukuk on Nasdaq Dubai, its second this 12 months. Additionally, Salik gained after Fitch upgraded its credit standing to ‘A’ with a secure outlook, citing sturdy liquidity and stable financials.

    DFM:

    The DFM Common Index closed the week ending twenty eighth November, with minimal rise of 0.02%, close to final week’s shut of AED 5,836.90 stage.

    In the meantime, shares that added some assist this week included Talabat Holding PLC, which added 11.06 factors, Air Arabia PJSC, which added 21.34 factors, and Dubai Funding PJSC, which contributed 19.06 factors for the week. The index was pressured by the lagging efficiency of shares like Gulf Navigation Holding PJSC, which dragged 49.48 factors; Sukoon Insurance coverage PJSC, which dragged 2.07 factors, and SHUAA Capital PSC, which weighed on efficiency with 1.85 factors for the week. (Supply: Bloomberg)

    By way of sectors, Shopper Discretionary, Utilities, and Actual Property have been the one sectors that outperformed this week, rising 6.19%, 1.62% and 0.23% respectively. Conversely, sectors that lagged this week included Communication Providers, Industrials and Supplies, which posted declines of 1.55%, 1.33% and 0.24%, respectively. (Supply: DFM Experiences)

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

    On the technical entrance, the DFM index has posted a doji candle on the weekly chart after 4 consecutive weeks of decline. This marks indecision among the many market contributors. Nonetheless, the index has remained beneath the important thing 9, 20, and 50-day transferring averages. The index can discover potential assist close to the AED 5,750 ranges whereas a major upside may be capped close to the AED 5,915, which was a brief time period assist now turned resistance.

    ADX:

    The ADX Common Index fell 0.49% for the week ending November twenty eighth, 2025, closing at AED 9,747.17. This marks the fifth weekly decline.

    By way of sectors, Shopper Discretionary, Vitality, and Supplies have been the one sectors that ended the week in inexperienced, rising 0.95%, 0.27% and 0.05% respectively. Actual Property, Expertise, and Shopper Staples have been the most important laggards, falling 3.23%, 1.09%, and 0.69%, respectively. (Supply: ADX Experiences)

    Some names supporting the index this week included Agthia Group PSC, Abu Dhabi Nationwide Oil Co and Sharjah Islamic Financial institution which rose by 5.90%, 1.04% and 0.69% respectively. Some notable names, corresponding to Alpha Dhabi Holding PJSC, Aldar Properties and Abu Dhabi Islamic Financial institution, pressured the bourse, with declines of seven.38%, 5.56%, and 5.56%, respectively. (Supply: Bloomberg)

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

    On the technical entrance, the index trades beneath all key transferring averages. The index fell near the 200-day SMA final Friday and has confronted heavy promoting volumes because the begin of this week. Assist lies close to AED 9,646, a base that has beforehand acted as assist, adopted by AED 9,589. Resistance lies close to the AED 9,828, which is the 200-day SMA, adopted by final week’s highs of AED 9,921.





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