DFM:
The DFM General Index closed the week ending 28th November, with minimal rise of 0.02%, near last week’s close of AED 5,836.90 level.
Meanwhile, stocks that added some support this week included Talabat Holding PLC, which added 11.06 points, Air Arabia PJSC, which added 21.34 points, and Dubai Investment PJSC, which contributed 19.06 points for the week. The index was pressured by the lagging performance of stocks like Gulf Navigation Holding PJSC, which dragged 49.48 points; Sukoon Insurance PJSC, which dragged 2.07 points, and SHUAA Capital PSC, which weighed on performance with 1.85 points for the week. (Source: Bloomberg)
In terms of sectors, Consumer Discretionary, Utilities, and Real Estate were the only sectors that outperformed this week, rising 6.19%, 1.62% and 0.23% respectively. Conversely, sectors that lagged this week included Communication Services, Industrials and Materials, which posted declines of 1.55%, 1.33% and 0.24%, respectively. (Source: DFM Reports)
For the next week, no major names are expected to release earnings. (Source: Bloomberg)
On the technical front, the DFM index has posted a doji candle on the weekly chart after four consecutive weeks of decline. This marks indecision among the market participants. Nonetheless, the index has remained below the key 9, 20, and 50-day moving averages. The index can find potential support near the AED 5,750 levels while a significant upside can be capped near the AED 5,915, which was a short term support now turned resistance.
ADX:
The ADX General Index fell 0.49% for the week ending November 28th, 2025, closing at AED 9,747.17. This marks the fifth weekly decline.
In terms of sectors, Consumer Discretionary, Energy, and Materials were the only sectors that ended the week in green, rising 0.95%, 0.27% and 0.05% respectively. Real Estate, Technology, and Consumer Staples were the major laggards, falling 3.23%, 1.09%, and 0.69%, respectively. (Source: ADX Reports)
Some names supporting the index this week included Agthia Group PSC, Abu Dhabi National Oil Co and Sharjah Islamic Bank which rose by 5.90%, 1.04% and 0.69% respectively. Some notable names, such as Alpha Dhabi Holding PJSC, Aldar Properties and Abu Dhabi Islamic Bank, pressured the bourse, with declines of 7.38%, 5.56%, and 5.56%, respectively. (Source: Bloomberg)
For the next week, no major names are expected to release earnings. (Source: Bloomberg)
On the technical front, the index trades below all key moving averages. The index fell close to the 200-day SMA last Friday and has faced heavy selling volumes since the start of this week. Support lies near AED 9,646, a base that has previously acted as support, followed by AED 9,589. Resistance lies near the AED 9,828, which is the 200-day SMA, followed by last week’s highs of AED 9,921.
