The main stock market index in the United Arab Emirates, known as the ADX General, has experienced a notable decline of 313 points, or 3.27%, since the start of 2024. This downturn has been assessed through trading on a contract for difference (CFD) that mirrors this crucial benchmark index.
Looking ahead, analysts and global macro models project that the UAE Stock Market will stabilize at 9241.47 points by the end of this quarter. Further, it is anticipated to trade around 9136.64 points in the next 12 months, indicating a cautious outlook on market performance.