ADX:FAB

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

Iran strikes hit Gulf sentiment: what to watch on Abu Dhabi’s ADX in the week ahead

Abu Dhabi’s stock market closed down 1.3% Friday, led by declines in banks and consumer stocks, after U.S.-Iran talks ended without progress. Weekend strikes damaged Gulf airports, including Dubai, and forced closures. The ADX remained shut Sunday as investors assessed geopolitical risks. OPEC+ meets to discuss a possible larger April oil output increase.

1 March 2026

ADX:FAB·Stock Market

Upland Resources Admits Nearly 100 Million New Shares to London Stock Exchange
March 21, 2026, 2:07 PM EDT. Upland Resources confirmed the admission of 99.6 million new shares to the London Stock Exchange Main Market, effective March 23, 2026. This raises the total shares to 1.73 billion, impacting shareholder voting rights and disclosure obligations under UK rules. The company consolidated the listing process into a single application, revising previous admission dates. Despite the share increase, financial performance remains weak with no revenue, ongoing losses, and rising cash outflows in 2024. Analysts hold a Hold rating with a £3.00 price target, while TipRanks' AI Analyst rates the stock Neutral due to funding risks and limited valuation support. Upland Resources focuses on oil and gas exploration and production, trading with a market capitalization of £49.3 million and average daily volume over 7 million shares.