ADSB: The stock is over the 20-day moving average of AED5.75 and below the instance resistance level of AED6.40. The stock is gradually picking momentum and if the support at AED5.26 hold strong, the possible higher target would be near the AED6.93/7.70 only if breaks the current resistance level at AED6.40 in the short to medium term. Look to BUY ...

The GCC Debt Capital Market (DCM) totalled USD 1 Tn in outstanding issuances across all currencies, reflecting a 10% YOY growth in 1Q25. According to Fitch Ratings, DCM issuances grew 11% QOQ but declined 3% YOY to USD 89 Bn in 1Q25. Saudi Arabia accounted for the largest share of total outstanding issuances at 45.1%, followed by the UAE at 29.9% a...

ADNOC Gas: The stock is trading within the range between AED3.20 and AED3.34, expected to continue the move higher to AED 3.50/3.70 only if breaks over the resistance level of AED3.34 in the short to medium term. Look to buy with stops below AED3.15 level.

The index is trading within the symmetrical triangle pattern and is testing the current resistance level of 1926 level, a breakout over this resistance level shall extend the move higher to 1950 and then toward the previous high at 1985 in the short to medium term.

Multiply Group: Buyers are likely to drive the stock price higher during the following trading sessions, expected to continue the move higher to AED2.52 after broke the current resistance level of AED2.30. The possible higher targets would be near the AED2.52 and then close to the trendline resistance level at AED2.65 in the short term. Traders may...

Multiply Group: The stock is trading near the resistance level of AED2.30, expected to continue the move higher to AED 2.53/2.65 only if breaks over the resistance level of AED2.30 in the short term. Look to buy with stops below AED2.07 support level.