Page 17 - UP GENERAL REPORT - JUNE 2025

7/1/25, 11:21 AM UAE markets continue their upward journey - Aletihad News Center

UAE markets continue their upward journey

(WAM file)

30 June 2025 21:01

A. SREENIVASA REDDY (ABU DHABI)

The UAE stock markets continued to make gains after the three-day break, extending the momentum generated by

the easing of tensions between the US, Israel, and Iran.

The Abu Dhabi Securities Exchange (ADX) maintained its positive trajectory, with its general index (FADGI) rising by

0.721% to close at 9,957.52. A total of 32,257 trades were executed, involving 638 million shares with a combined
value of Dh2.25 billion. The total market capitalisation of all companies listed on the ADX stood at Dh3.093 trillion.

Multiply Group stocks led the rally with a 2.45% rise after it announced its decision to sell its district cooling unit to
Tabreed for Dh3.8 billion. This move is expected to improve liquidity at the company. Other stocks that contributed to

the rally include RAK Properties, which rose by 2.13%, Aldar Properties, up by 1.36%, and Abu Dhabi Islamic Bank,
which gained 1.51%.

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