UAE Stocks Fall to Six-Week Low

The UAE’s ADX General Index fell more than 3% to around 10,085, hitting a six-week low as equity markets reopened following a two-day suspension amid heightened regional tensions. Trading on the Abu Dhabi Securities Exchange and Dubai Financial Market had been halted on March 2–3 after Iran launched hundreds of missiles and drone attacks in response to ongoing US-Israel military operations. With markets now open, investors reacted cautiously, reassessing risk as the conflict underscored regional security concerns that could impact the UAE’s reputation as a stable financial hub. Wednesday’s sharp decline reflects the market’s adjustment to heightened geopolitical uncertainty following the recent escalation. Broad sector weakness also weighed on the index, with notable losses from International Holding Company (-1.28%), Abu Dhabi Energy (-4.95%), ADNOC Gas (-2.94%), and NDB Bank (-5%).