ADX:ADCB 7 March 2026

Abu Dhabi Securities Exchange (ADX) loses more than 5% in three-session week after rare halt

Abu Dhabi’s main stock index closed Friday down 1.4%, ending the week more than 5% lower after a rare two-day shutdown following missile and drone strikes in the UAE. Heavy selling hit Aldar Properties, Abu Dhabi Commercial Bank, and Emirates Telecommunications Group. The exchange imposed a 5% daily loss limit and urged companies to disclose any material impact. Dubai’s market dropped 3.2% Friday and 9% for the week.

7 March 2026

ADX:ADCB·ADX:ALDAR·ADX:DANA·ADX:E·ADX:ETISALAT·ADX:FAB·ADX:TAQA·Stock Market

1 Stock Under $50 to Watch: Bandwidth Shows Potential; Movado and Upstart Face Challenges
March 27, 2026, 12:22 PM EDT. Bandwidth (NASDAQ:BAND) stands out in the $10-50 price range with a $17.24 share price, providing cloud communications for major tech firms. Despite 12% annual sales growth lagging software peers and low gross margin at 39.1%, it trades attractively at 0.6x forward price-to-sales. Movado (NYSE:MOV), priced at $24.26, struggles with 5.8% revenue growth, lack of free cash flow, and deteriorating returns, trading at 15.9x forward P/E and considered less compelling. Upstart (NASDAQ:UPST) at $25.49 shows rapid 51.6% loan origination growth and expanding market presence aided by AI-powered lending. However, valuations at 2.1x forward price-to-sales pose questions for investors. Each company exhibits distinct operational and financial dynamics affecting their prospects.