Page 31 - UP GENERAL REPORT - JUNE 2025

6/13/25, 11:44 AM UAE's DFM, ADX open lower, with property stocks under pressure
The wider DFM index is lower by 2.6%, while ADX has slipped by just under 2%. The DFM had dropped by over 2% on Thursday as well.

Even energy facing stocks have not been able to escape the full weight of investor concerns. ADNOC Gas is down 2.3%. The property giant Aldar's seen its price
trimmed by 3.9% and telecom-tech entity e&'s by 2.3%

According to market analysts, the investor reaction is in keeping with what was expected ahead of the market's opening. Similar versions of these concerns will play
out when the other Gulf markets open for trading in the new week.

In the near-term, property stocks will remain under the spotlight, with some of the heavy-duty ones having already gone through impressive mark ups on their
stocks.

https://gulfnews.com/business/markets/uaes-dfm-adx-open-lower-with-property-stocks-under-pressure-1.500162218 2/2