Multiply Group: Currently, traders are seen trading within the range between the support level of AED2.10 and key resistance level of AED2.40, a break over it shall signal a bullish move with higher target near the long-term downtrend resistance level at AED2.55. We need a volume breakout at the given resistance to confirm further upside move towar...

Eshraq Investment: The stock is trading below the down trend line, but the neckline support attracted fresh buying, hints further recovery. A close over AED0.50 shall extend gains to target AED0.60 then AED0.68 in the short term. Traders may look to buy with stops below AED0.41 support.

Bahrain Bourse All Share Index: The index recovered from the previous low of 1864 level, and now is trading near the key resistance level of 1950, a breakout over shall extend the move higher toward the previous high again at 1985 then 2020 level in the short to medium term.

Multiply Group: The stock is trading over the 20-day moving average of AED2.10. The stock is gradually picking momentum and if the support at AED2.10 hold strong, the possible higher target would be near the previous high at AED2.40 then AED2.55 then 2.95 in the short to medium term. Look to Buy with stops below AED2.10 level.

UAE Equity Research - Banking Sector 2Q25 - Preview Note

We maintain our MARKET WEIGHT rating on the UAE banking sector. Net advances in the UAE banking sector recorded 1.4% QOQ growth in 1Q25, owing to increased lending across private corporate and retail sectors, partially offset by a decline across government and public sector GREs.