Dubai rises 0.64%, Abu Dhabi gains 0.26% at Monday close

The DFM General Index closed up 0.643% at 5,807.83 and the FTSE ADX General Index rose 0.258% to 9,490.72 on Monday, 2 November.

3 Nov 2026, 00:09

UAE stocks rose on Monday, 2 November, with the DFM General Index up 0.643% at 5,807.83 and the FTSE ADX General Index up 0.258% at 9,490.72, ending three-session slides, according to The Edge.

• The DFM General Index closed at 5,807.83, up 37.10 points or 0.643%, according to Dubai Financial Market data.
• The FTSE ADX General Index closed at 9,490.72, up 24.38 points or 0.258%, the Abu Dhabi Securities Exchange website showed.
• Emaar Development rose 3.63%, Emirates NBD 2.39% and talabat 4.15% in Dubai, Aletihad reported.
• Aletihad said most ADNOC-linked stocks gained as ADIPEC began; ADNOC Drilling rose 1.71% and Borouge 1.33%.
• After the UAE close, Brent crude futures settled 7.63% lower at USD 104.77 a barrel on Monday, 2 November, Reuters reported.

Dubai's main share index rose 0.64% and Abu Dhabi's benchmark gained 0.26% at the close on Monday, 2 November, the first UAE trading session since Friday.

What happened

The DFM General Index closed at 5,807.83, up 37.10 points or 0.643%, according to Dubai Financial Market data, with the last reading at 15:00 GST.

The FTSE ADX General Index (FADGI) closed at 9,490.72, up 24.38 points or 0.258%, the Abu Dhabi Securities Exchange website showed, figures also carried by Aletihad. ADX's daily trading summary showed 20,852 trades, 176.9 million shares and AED 775.4 million in value, with market capitalisation at AED 2.491 trillion.

In Dubai, 180 million shares worth AED 508 million changed hands in 14,522 trades, with 23 stocks up, 17 down and 11 unchanged, Aletihad reported. In Abu Dhabi, 49 of the 95 stocks traded rose, 38 fell and 8 were unchanged, according to Argaam. The Edge said each index ended a three-session slide.

Stocks on the move

In Dubai, Emaar Development rose 3.63%, Emirates NBD gained 2.39% and talabat climbed 4.15%, according to Aletihad, with DFM data showing closes of AED 12.56, AED 29.92 and AED 1.13. Emaar Properties added 1.1% to AED 11.50, while Air Arabia fell 1.6%, Aletihad reported; DFM data showed Air Arabia at AED 4.92.

In Abu Dhabi, Aletihad said most ADNOC-linked stocks gained as the ADIPEC energy exhibition began in the capital. ADNOC Drilling rose 1.71% to AED 5.94 and Borouge added 1.33% to AED 2.29, according to Argaam and Aletihad, while ADNOC Gas gained 0.32% and ADNOC Distribution 0.8%. Aldar fell about 1% to AED 7.70, and Americana Restaurants rose 3.8% to AED 2.49, Argaam reported.

Elsewhere in the Gulf, Saudi Arabia's Tadawul All Share Index rose 44.57 points, or 0.45%, to 9,882.85, according to Aletihad's market data and Arab News.

ADNOC at ADIPEC

At ADIPEC on Monday, ADNOC took a final investment decision on the Ruwais Diyab Unconventional Gas Development, which is set to deliver 345 million standard cubic feet per day of raw gas from 2029, and signed an agreement with G42, through Inception42, and OpenAI to deploy OpenAI's frontier technology, according to the Abu Dhabi Media Office.

Oil prices

After the UAE close, Brent crude futures settled USD 8.66, or 7.63%, lower at USD 104.77 a barrel on Monday, Reuters reported. US West Texas Intermediate was down USD 7.66, or 7.36%, at USD 96.46. Session lows were USD 103.28 for Brent and USD 95.15 for WTI, Reuters said.

Reuters reported that talks between Iranian and Qatari officials lifted hopes for an end to the war, after Iranian President Masoud Pezeshkian said the supreme leader had granted the government "certain authorities" regarding peace talks.

Brent's front month has changed since last week. The December contract expired on Friday, 30 October, and settled at USD 117.64, while the January contract, now the benchmark, ended Friday at USD 113.43, according to money.it. Monday's Brent prices are measured against the January contract, not December's.

What to watch next

How UAE stocks trade when markets reopen on Tuesday, 3 November.