Dubai and Abu Dhabi stock indices gained nearly 3% in the trading week ending Friday, November 13, 2026, while the combined market capitalisation of listed companies on the two exchanges increased by about AED 111.8 billion. Gains in banking stocks, particularly Emirates NBD and First Abu Dhabi Bank, were the main drivers of the markets. First Abu Dhabi Bank’s proposed AED 15 billion capital increase also drew investor attention to the banking sector.

Over five trading sessions from Monday, November 9, to Friday, November 13, the Dubai Financial Market General Index rose 2.86%, or 172.33 points, from 6,025.55 to 6,197.88. The FTSE Abu Dhabi Securities Exchange General Index also gained 2.93%, or 274.78 points, to close at 9,667.38.

More than AED 17 billion traded on UAE stock markets

According to weekly data, the total value of trading on the two exchanges reached about AED 17.23 billion. Nearly 4.25 billion shares changed hands across 332,555 transactions during the period.

On the Dubai Financial Market, trading value exceeded AED 6.14 billion, with about 1.81 billion shares traded across 113,188 transactions. The Abu Dhabi Securities Exchange recorded more than AED 11.09 billion in trades involving about 2.44 billion shares across 219,367 transactions.

The market capitalisation of companies listed in Dubai rose by AED 46.77 billion to about AED 1.048 trillion. In Abu Dhabi, market capitalisation increased by AED 65.03 billion to approximately AED 2.536 trillion.

Banks drive Dubai market gains

Dubai’s banking sector index rose 5.88% during the week, making the largest contribution to the broader market’s gains. Emirates NBD shares climbed 13.92% to AED 36, while Dubai Islamic Bank gained 4.68% to close at AED 7.60.

Among other sectors, consumer discretionary rose 5.77%, basic materials gained 3.24% and industrials advanced 1.89%.

Performance in the property sector was mixed. Deyaar rose 7.6% to AED 0.76, TECOM gained 5.9% to AED 3.41, and Union Properties advanced 5.18% to about AED 0.59.

In contrast, Emaar Properties shares fell 1.6% to close at AED 12.30. Emaar Development also edged down 0.14% to AED 14.68.

Despite these declines, the property sector attracted about AED 3.62 billion, accounting for nearly 59% of the Dubai market’s total trading value and the largest share of market liquidity.

Emaar Properties recorded Dubai’s highest weekly trading value at AED 2.63 billion. It was followed by Emirates NBD with AED 806 million, Emaar Development with AED 760 million and Dubai Islamic Bank with AED 374 million.

Among the week’s top gainers, Watania International Holding led the market with a 27.4% rise to AED 0.86. National Industries Group Holding fell 9.7%, while United Foods declined 8.7%, recording the Dubai market’s steepest weekly losses.

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First Abu Dhabi Bank proposes AED15 billion capital increase

First Abu Dhabi Bank shares surged 9.4% to AED21 on the Abu Dhabi Securities Exchange following the announcement of plans to raise up to AED15 billion in fresh capital through a rights issue.

According to the bank’s official November 11 disclosure, its board approved a proposal to issue 1,109,467,456 new shares at AED13.52 per share. The price represents a 30% discount to the stock’s November 10 closing price.

The plan has yet to be finalised and remains subject to shareholder and regulatory approval. The bank’s general assembly will meet on December 7 to consider the proposal.

Elsewhere in Abu Dhabi’s banking sector, Abu Dhabi Islamic Bank shares rose 8.9% to AED23.48, while Abu Dhabi Commercial Bank gained 7.93% to close at AED17.70.

In the property sector, Aldar shares advanced 7.3% to AED8.53. Eshraq rose 7.16% to close at AED0.63, while Ras Al Khaimah Properties gained 3% to AED1.01.

In the energy sector, ADNOC Gas climbed 6.17% to AED3.44. In the industrial sector, EMSTEEL rose 3.25% to close at AED1.27.

Phoenix Group recorded Abu Dhabi’s biggest weekly gain, rising 16%. RAPCO was the biggest decliner, falling 2.9%.

ADNOC Gas led the market by trading value at AED2.36 billion. First Abu Dhabi Bank followed with AED2.1 billion, Abu Dhabi Islamic Bank with AED838 million and Abu Dhabi Commercial Bank with AED646 million.

Foreign investors record net buying in both markets

Non-Arab foreign investors recorded net purchases of about AED162.63 million on the Dubai Financial Market during the week. In Abu Dhabi, the group’s net buying reached about AED1.05 billion.

Amer Halawi, head of research at Al Ramz Capital, said the rise in banking stocks and investor interest in First Abu Dhabi Bank’s capital increase plan were among the factors driving UAE markets higher during the week. He also highlighted the mixed performance of energy, property and utilities stocks.

Indices retreat in final session of the week

Despite strong weekly gains, both markets retreated on Friday, November 13, after four consecutive sessions of gains. Dubai’s index fell 0.59%, while Abu Dhabi’s declined 0.60%.

Reuters reported that weak financial results from some companies weighed on Friday’s trading. Emaar Properties shares fell 4.5% during the session, while Salik dropped 2.5%. Salik had previously reported an 8.5% decline in third-quarter net profit.

In Abu Dhabi, Abu Dhabi Islamic Bank shares fell 2.2%, while First Abu Dhabi Bank declined 0.8%.

Overall, despite profit-taking in the final session of the week, the Dubai and Abu Dhabi indices posted gains of 2.86% and 2.93%, respectively. Strong banking stocks, foreign capital inflows and interest in First Abu Dhabi Bank’s capital increase plan were among the key features of the week across the UAE’s stock markets.