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Al Etihad
3 days ago
- 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
Al Etihad
3 days ago
- Business
- Al Etihad
ADCB Q2 results sparks 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
