UAE stock markets rise in February

The UAE's equity markets delivered steady gains in February even as most Gulf bourses retreated amid geopolitical tensions and softer sentiment across the region.

- Somshankar Bandyopadhyay [e-mail]

According to Kamco Invest’s GCC Markets Monthly Report - February 2026, both Abu Dhabi and Dubai extended their positive year-to-date performance, standing out as resilient pockets in an otherwise declining GCC landscape. While the broader GCC index fell 2.5 per cent, Dubai and Abu Dhabi benchmarks were up by 7.5 per cent and 4.6 per cent YTD, respectively.

Abu Dhabi

The FTSE ADX General Index rose 1.7 per cent in February, marking its third consecutive monthly increase and boosting its year-to-date gain to 4.6 per cent. Sectoral performance was moderately positive, with six out of the 10 sector indices recording gains.