xCube - Trading Week Unpacked: June 30 – July 4, 2025

Trading Week Unpacked | June 30 – July 4, 2025

UAE markets didn’t slow down this week. DFM and ADX pushed higher once again, powered by upbeat real estate flows, strong investor demand, and a string of forward-looking headlines. While global markets struggled to find direction, the local story kept building — one logistics deal, digital listing, and infrastructure play at a time.

 

Key Highlights

DFMGI rose 1.2% to 5753.25, with Emaar, Emaar Development, and Emirates NBD leading a calm but confident climb.
FADGI added 0.96% to 9981.5, driven by gains in Aldar and FAB as investors continued rotating into growth and logistics.
Al Mal Capital REIT launched a $200 million follow-on offering, tapping into the growing appetite for yield-focused real estate.
ADX will soon list the region’s first digital bond, a major step toward deepening fintech infrastructure across capital markets.
Global headlines were noisy, with Trump tariffs, OPEC+ oversupply, and a sweeping US tax bill sparking debate but UAE investors stayed focused.

 

Dubai Financial Market (DFM)

DFMGI closed the week up 1.2% at 5753.25, extending a steady three-week rally. Emaar rose 3.7% to AED 13.95 and Emaar Development climbed 3.8% to AED 13.75 as real estate remained the anchor trade, boosted by strong interest in new land offerings like Modon’s Wadeem launch. Emirates NBD added 2.6% to AED 23.60, continuing to attract solid institutional flow. DIB held firm at AED 9.17, while DEWA inched up to AED 2.79 and Salik moved slightly higher to AED 6.09. Talabat stayed flat at AED 1.34 with little movement. The mood was optimistic and investors are still rotating selectively, keeping their eye on fundamentals and letting the market breathe between catalysts.

 

Abu Dhabi Securities Exchange (ADX)

FADGI rose 0.96% to 9981.5 as buyers returned to real estate, financials, and consumer names. Aldar gained 2.3% to AED 9.00 after revealing a $144 million investment in logistics assets, a move that expands its footprint into high-demand verticals. FAB advanced 2.4% to AED 16.9, tracking regional banking momentum. Multiply added 2.1% to AED 2.4, while ADNOC Gas eased slightly to AED 3.4. Volumes were solid, particularly in names with clear capital allocation strategies. The announcement of the first-ever digital bond listing on ADX signaled another leap forward in Abu Dhabi’s capital markets evolution. Americana’s latest franchise deal added depth to the consumer growth story, and long-term investors appeared unfazed by global noise.

 

Global Market Highlights

Markets around the world spent the week trying to make sense of it all. Trump’s tax bill passed the House, laying the groundwork for major shifts in US policy. At the same time, new tariffs on BRICS nations raised red flags across emerging markets. Oil pulled back after OPEC+ surprised the market with a larger supply hike. In India, Jane Street was banned from local markets, adding to the list of pressures on foreign trading desks. But not all the headlines were bearish. For global investors, it was a balancing act. For UAE markets, it was another week of staying grounded and moving forward.