Abu Dhabi, Feb 2, 2026, 00:19 (GST) — Market closed
- On Friday, IHC ended at 399.5 dirhams, slipping 0.03%.
- The stock fluctuated from 399.4 to 399.6 dirhams, with roughly 252,000 shares traded.
- As the new week begins, traders keep a close eye on oil prices alongside upcoming earnings reports.
International Holding Company PJSC (IHC) closed Friday at 399.5 UAE dirhams, slipping 0.03%. The stock remained stuck in a tight range between 399.4 and 399.6, which has barely budged through most of January. About 252,000 shares changed hands during the session, according to data from Investing.com.
The stock’s subdued trading doesn’t erase its significance. IHC ranks as the largest company on the Abu Dhabi market by market capitalization—around 874 billion dirhams—surpassing Abu Dhabi National Energy Company PJSC, ADNOC Gas, and First Abu Dhabi Bank P.J.S.C., according to StockAnalysis.com data.
Oil offered a clearer glimpse of Gulf tensions over the weekend. Brent, the global benchmark, climbed roughly 3% on Friday, hovering just below $70 a barrel. This came after OPEC+ decided to maintain its March supply levels and confirmed plans to boost output starting in April. At the same time, concerns about a possible disruption linked to Iran persist. Jorge Leon, Rystad Energy’s head of geopolitical analysis, noted, “With rising uncertainty and the risk of a substantial supply outage, the group is keeping all options firmly on the table.” Reuters
Trading at the Abu Dhabi Securities Exchange resumes later Monday, kicking off with a pre-open session from 09:30 to 10:00 Gulf Standard Time. Normal trading hours follow from 10:00 until 14:45, then the market enters a closing phase until 15:00. According to broker guidance, the exchange operates Monday through Friday in the United Arab Emirates.
Watch for the January jobs report on Feb. 6, set for release at 8:30 a.m. Eastern, according to the U.S. Bureau of Labor Statistics calendar.
Sheikh Tahnoon bin Zayed Al Nahyan chairs IHC, the company’s website confirms. The group has branched out across multiple sectors, and its market value keeps it a key indicator for the local index—even when its share price barely moves.
Investors are eyeing a confirmed earnings date on the corporate calendar. MarketScreener currently projects IHC’s Q4 2025 earnings release for March 1, while the company reported its Q4 2024 results on Feb. 23, 2025.
Yet that calm might not last. If oil prices slip from their recent highs or the timing of the company’s results catches the market off guard, the stock’s tight range offers traders barely any wiggle room to adjust positions.
Monday kicks off with the key question: can crude maintain its footing by the local open? After that, traders are zeroed in on the Feb. 6 U.S. payrolls report.
