Emirates NBD Bank PJSC leads as large cap stocks drive bullish trend in market

Apr 23 2025 01:01 PM IST

The stock market in the UAE has been showing a positive sentiment, with Emirates NBD Bank PJSC, Abu Dhabi Islamic Bank, and Emirates Telecommunications Group Co. PJSC all experiencing a mildly bullish to bullish trend. Among these stocks, Emirates NBD Bank PJSC has been the top performer with a return of 7.34%, while Abu Dhabi National Energy Co. PJSC has been the worst performer with a return of -0.63%. The large cap segment has been the best performer, with a positive advance decline ratio of 4.43x, indicating a strong market sentiment. Investors should keep an eye on these stocks as they have recently shown a change in their technical call, presenting a potential opportunity for profits.

Emirates NBD Bank PJSC, Abu Dhabi Islamic Bank, and Emirates Telecommunications Group Co. PJSC. These stocks have been showing a mildly bullish to bullish trend, indicating a positive sentiment in the market.

Among these stocks, Emirates NBD Bank PJSC has been the top performer with a return of 7.34%, while Abu Dhabi National Energy Co. PJSC has been the worst performer with a return of -0.63%. This shows that the large cap segment has been the best performer in the market.

The advance decline ratio of the stocks in this large cap segment is also positive, with 31 stocks advancing and only 7 stocks declining. This indicates a strong market sentiment and a 4.43x ratio, further supporting the bullish trend.

Investors should keep an eye on these stocks as they have recently shown a change in their technical call. This could be a good opportunity for investors to capitalize on the positive market sentiment and potentially earn profits. With the large cap segment being the best performer, it is a good time to invest in these stocks and take advantage of the bullish trend.

{{stock_short.stock.price_difference.value}} ({{stock_short.stock.price_percentage.value}}%)

{{ stock_short.product_icon_list.length-1 }} More

WHY IT'S
{{stock_short.dot_summary.scoreText}}

MOJO SCORE

{{stock_short.stock.price_difference.value}} ({{stock_short.stock.price_percentage.value}}%)

{{ra.stock_return.chgp}}%

{{ra.sensex_return.chgp}}%

Change%

Figures in Rs cr

Mojo Parameters

Quality: {{stock_short.dashboard.dotsummary.q_txt}}

Valuation: {{stock_short.dashboard.dotsummary.v_txt}}

Quarterly Financial Trend: {{stock_short.dashboard.dotsummary.f_txt}}

Technicals: {{stock_short.dashboard.dotsummary.tech_txt}}

Stock Info

Market Cap: {{stock_short.stock_data[1]['value']}}

Sector:{{stock_short.stock_data[0]['value']}}

52 w H/L (Rs.):{{stock_short.dashboard.priceinfo['52wk_high']}}/{{stock_short.dashboard.priceinfo['52wk_low']}}