Page 43 - UP GENERAL REPORT - JULY 2025

7/2/25, 11:07 AM UAE stock markets extend gains in June, ADX up 2.8%, DFM jumps 4.1% - Aletihad News Center
the charge, surging 7.8%, followed by the utilities sector, which gained 6.7% on the back of a strong performance by

Abu Dhabi National Energy Company (TAQA). The report noted that share prices rose in four of the five companies

within the real estate sector.

Among individual stocks, Abu Dhabi National Co. for Building Materials was the top performer, soaring 125.3% in
June. Other notable gainers included Fujairah Cement Industries (+77.2%) and Al Khaleej Investment Co. (+52.8%).

On the downside, Insurance House fell 12%, while Oman & Emirates Investment Holding and Hily Holding dropped

10% and 9.7%, respectively.

While price movements were positive, trading activity on the ADX softened. The total value of shares traded declined

by 14% to Dh26.3 billion, while volumes fell 4.4% to 6.6 billion shares. ADNOC Gas was the most traded stock by
volume, followed by Multiply Group and Phoenix Group. In terms of value, First Abu Dhabi Bank led with Dh3.3 billion,

trailed by IHC and ADNOC Gas.

On the Dubai bourse, the DFM General Index closed at 5,705.76 points, taking its year-to-date growth to an

impressive 10.6%. Sectoral performance was largely positive, with six out of eight sector indices posting gains during
the month, while the remaining two recorded declines. The materials index jumped 21.9%, followed by a 10.8% rise in

the industrial sector. The heavyweight financial and real estate indices also recorded robust gains of 4.7% each.

Amlak Finance emerged as the month’s best-performing stock, climbing 49.1%. Union Properties and United Foods

Co. also posted notable increases of 34.6% and 29.5%, respectively. The utilities sector, led by DEWA, contributed a

4.3% gain to the overall index.

Kamco’s report observed that “trading activity on the exchange increased in June despite the Eid holidays,” with

volumes up 54.6% to 7 billion shares. However, the value traded remained flat at Dh15.1 billion. Union Properties
topped the monthly trading volume chart with 1.2 billion shares exchanged, while Emaar Properties led in traded

value with Dh3.6 billion.

On the macroeconomic front, the report also cited the UAE Central Bank’s projections, noting that the country’s real

GDP is expected to grow by 4.4% in 2025 and 5.4% in 2026. The central bank attributed the outlook to “strong
momentum in non-hydrocarbon activities and robust performance in the hydrocarbon sector,” aided by revised

OPEC+ production plans.

Real estate sentiment in Dubai remains upbeat. Data cited by Kamco from Property Finder highlighted record-

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