Dubai up 0.05%, Abu Dhabi down 0.29%; Emaar Development jumps 10.67%

The DFM General Index rose 0.05% to 5,810.86 and the FTSE ADX General Index fell 0.29% to 9,462.91 on Tuesday, while Emaar Development jumped 10.67%.

Dubai up 0.05%, Abu Dhabi down 0.29%; Emaar Development jumps 10.67%

UAE stocks were mixed on Tuesday, 3 November: the DFM General Index rose 0.05% to 5,810.86 and the FTSE ADX General Index fell 0.29% to 9,462.91, while Emaar Development jumped 10.67% to AED 13.90, according to DFM data.

Dubai's main share index edged up 0.05% and Abu Dhabi's benchmark slipped 0.29% at the close on Tuesday, 3 November, while Emaar Development jumped 10.67%.

What happened

The DFM General Index closed at 5,810.86, up 3.03 points or 0.05%, according to Dubai Financial Market's market watch. DFM data showed AED 979.43 million traded.

The FTSE ADX General Index (FADGI) closed at 9,462.91, down 27.81 points or 0.29%, according to the Abu Dhabi Securities Exchange. ADX's daily trading summary showed AED 1.03 billion traded.

Stocks on the move

Emaar Development rose 10.67% to AED 13.90, according to DFM data, and topped Dubai's gainers, Al Shorouk reported.

Emaar Properties was the most traded stock on DFM by value and rose 2.43% to AED 11.78. Emirates Integrated Telecommunications (du) fell 3.68% to AED 12.04, DFM data showed.

Elsewhere in the region, Saudi Arabia's Tadawul All Share Index fell 0.07% to 9,876 and Kuwait's premier market index rose 0.93% to 8,871, Al Shorouk reported. The Qatar Exchange index rose 0.24% to 9,614.07, according to QNA (Qatar News Agency).

Oil prices

Brent crude futures fell USD 1.33, or 1%, to USD 103.44 a barrel at 18:18 GMT (22:18 GST), Reuters reported, while US West Texas Intermediate lost 56 cents, or 1%, to USD 95.90. Reuters said Brent was on track for its lowest close since 7 October.

Oil had risen earlier on Tuesday following reports of US strikes on Iran's Qeshm Island, with Brent briefly climbing above USD 107 a barrel before reversing course, Anadolu Agency reported.

Qatar is seeking an interim agreement to build trust between Washington and Tehran and pave the way for talks on a lasting settlement, Qatari Foreign Ministry spokesman Majed Al Ansari said, according to Anadolu Agency. A senior Iranian official told Reuters that Iran and the United States were still far from a deal to end their war.

Reuters said markets were also watching Tuesday's US midterm elections.

No verified settlement price for Tuesday was available at the time of writing.

What to watch next

How UAE stocks trade at the open on Wednesday, 4 November; DIP Holding's final IPO offer price, which is expected on 4 November after subscription closed on 3 November, according to the price range announcement filed on DFM; and the results of the US midterm elections.

Sources

  1. Dubai Financial Market market watch: DFM General Index close and daily trading summary, 3 November 2026 marketwatch.dfm.ae
  2. Dubai Financial Market: Emaar Development, Emaar Properties and du closing data, 3 November 2026 www.dfm.ae
  3. Abu Dhabi Securities Exchange: FADGI close and daily trading summary, 3 November 2026 www.adx.ae
  4. Reuters (via Euronext): Oil prices ease to nearly four-week low amid peace talks, 3 November 2026 live.euronext.com
  5. Anadolu Agency: Oil prices extend losses as hopes grow for US-Iran deal, 3 November 2026 www.aa.com.tr
  6. Al Shorouk: Arab bourses close, 3 November 2026 (Arabic) www.shorouknews.com
  7. DFM: DIP Holding price range announcement, 27 October 2026 feeds.dfm.ae
  8. Qatar News Agency: Qatar Stock Exchange closes 0.24% higher, 3 November 2026 qna.org.qa