The index witnessed profit-taking activity after reaching its recent high in early July. It is now trading below its 20-, 50- and 100-week moving averages and may testing the previous low support at 1,865. Stochastic and RSI are both in oversold territory, which points to a possible near-term technical rebound.

UAE Equity Research - Consumer Sector 3Q26 - Preview Note

The UAE’s real GDP growth is projected to reach 1.6% in 2026 before accelerating to 10.4% in 2027, alongside non-hydrocarbon GDP growth projected at 1.3% and 4.9% in 2026 and 2027, respectively.

UAE Equity Research - Transportation Sector 3Q26 - Preview Note

The UAE transportation sector is expected to face a mixed operating environment in 3Q26, with passenger aviation continuing to face headwinds, while air cargo activity remains comparatively resilient.

MENA Equity Research - Telecom Sector 3Q26 - Preview Note

The MENA telecom sector remained resilient, with core mobile and fixed businesses continuing to perform well despite the regional conflict, while tourism, roaming and customer activations remained under pressure.

NMDC Energy: The stock is holding firm above its key support at AED 2.65, maintaining a constructive technical setup. As long as this support remains intact, the stock is expected to stage a recovery from current levels. A confirmed breakout above the AED 2.79 resistance level, which aligns with the 20-week moving average,