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ADX:ADCB 7 March 2026

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

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
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Stock Market Today

  • Plug Power Stock Surges 11.2% Following Analyst Upgrade and Market Rally
    May 13, 2026, 7:05 PM EDT. Plug Power (NASDAQ: PLUG) shares soared 11.2% on Wednesday, hitting earlier gains of up to 15.4%, outpacing the 0.5% rise in the S&P 500 and 1.2% jump in the Nasdaq Composite. The rally followed a rebound from the previous day's sell-off tied to hotter-than-expected April inflation data. Susquehanna analyst Charles Minervino raised Plug Power's one-year price target from $2.75 to $3.75, citing progress on company cost-reduction efforts and potential positive adjusted EBITDA by Q4 2024. Despite this, the rating remained neutral. Investors weighed these factors amid overall optimism in speculative growth stocks. The move signals increased investor confidence in Plug Power's turnaround prospects, although some prominent analysts have not included the stock in top recommended picks.

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