UAE Stocks Extend Gains on Strong Corporate Results

UAE Stocks

UAE stocks continued their upward trend during Thursday’s trading session, supported by corporate results for the first quarter of 2026, which gave investors positive signals about the financial and operational strength of several key sectors.

The Dubai Financial Market rose 0.67% to reach 5,938 points, while the Abu Dhabi Securities Exchange advanced 0.36% to 9,910.74 points. The session was relatively calm, with investors continuing to focus on companies that reported solid earnings.

In Dubai, Parkin stood out after its share price climbed 6.5% to AED 5.54, following the company’s announcement of a 36% increase in quarterly profits. Empower also recorded a strong performance, rising 7.2% to AED 1.64, supported by a 44% growth in first-quarter profits.

Gains also included several leading stocks. Emaar Properties rose 0.96% to AED 12.6, while Emaar Development added 0.4% to AED 15.22. DEWA advanced 0.7% to AED 2.75, and Talabat gained 0.32% to AED 0.94.

In Abu Dhabi, banking, energy and technology stocks supported the overall performance of the market. Abu Dhabi Islamic Bank rose 1.36% to AED 20.8, while ADNOC Gas advanced 0.8% to AED 3.44. Presight also gained 4.3% to AED 3.86.

Abu Dhabi Commercial Bank increased 1.4% to AED 14.24, while First Abu Dhabi Bank rose 1.13% to AED 17.96, adding further positive momentum to the market.

The current performance of UAE stocks reflects continued investor confidence in companies with strong fundamentals, especially as supportive quarterly results are announced. Liquidity also appears to be moving selectively toward stocks that show clear profit growth.

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