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2/3/25, 10:57 AM UAE stock markets resilient in January - Aletihad News Center
followed by Emaar Development and Emirates NBD.
According to the monthly stock performance from Bloomberg, Al Salam Bank Sudan topped the monthly gainers table
with 53.7% jump in share price followed by Aramex and Emirates Islamic Bank with gains of 28.6% and 14.9%,
respectively. Aramex has recently provided an update regarding the acquisition talks by Q Logistics Holding LLC, a
subsidiary of Abu Dhabi’s sovereign wealth fund.
The best-performing market in January 2025 was Kuwait, with the Premier Market Index surging by 5.9% to cross the
8,000-point mark. Gains were broad-based, led by the energy and real estate sectors.
In Saudi Arabia, the Tadawul All Share Index (TASI) rose by 3.1%, closing at 12,415.5 points. The Financial and
Consumer Discretionary sectors drove the gains.
The Qatar Stock Exchange Index inched up by 0.9% to close at 10,666.7 points, supported by Telecom and
Industrials.
In Bahrain, the All Share Index dropped by 5.4% due to a sharp decline in Aluminum Bahrain’s stock (-18.5%).
In Oman: The MSX 30 Index declined slightly by 0.7%, with losses in the Services sector offsetting gains in Financials
and Industrials.
Looking ahead, Kamco Invest report said the UAE stock markets are expected to remain stable, supported by a robust
banking sector, increasing foreign investment, and government-backed infrastructure projects.
Lower interest rates are likely to sustain lending growth, while Dubai’s real estate market could continue to attract
investors. Abu Dhabi’s diversification into sectors such as healthcare and telecoms will further drive market growth, the
report said.
The broader GCC markets will be influenced by global economic conditions, energy prices, and geopolitical
developments. Saudi Arabia and Kuwait are expected to maintain their upward trajectory, while Qatar and Bahrain may
face some volatility.
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