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Emirati Shares Start New Week Downbeat Ahead of US Economic Data Updates

MT Newswires·12/15/2025 06:45:21
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06:45 AM EST, 12/15/2025 (MT Newswires) -- Shares in the United Arab Emirates ended Monday's trading session in red, with the FTSE ADX General Index seeing a marginal fall at 0.009%, while the DFM General Index lost 0.133%. Following the US Federal Reserve's decision last week to cut the rate on reserve balances by 25 basis points to the 3.50% to 3.75% range, investors will now turn their attention towards the release of key inflation data and jobs reports delayed as a result of a 43-day government shutdown in the US. "...The focus will be on big data releases and key Fed speeches. The highlight is tomorrow's release of the November nonfarm payrolls (NFP) data. A soft number of +50k is expected, plus the unemployment rate edging up to 4.5%. Any softer-than-expected data here could bring forward pricing of the next Fed rate cut. We think the Fed can cut again in March, which is priced with just a 33% probability currently. Another key data point this week will be Thursday's release of November CPI, where the year-on-year rate is expected to nudge up to 3.1%," ING said. In other news, the US and Ukraine resumed peace talks in Berlin on Monday. The meetings will be accompanied by other European leaders as well. Back home, the UAE and Cyprus held talks to boost cooperation in the trade, technology, renewable energy, and education sectors as part of a comprehensive strategic partnership between the two countries. On the corporate front, Abu Dhabi Ports (ADX:ADPORTS), d/b/a AD Ports Group, plans to launch a cash mandatory tender offer to acquire a majority ownership in Egypt's Alexandria Container & Cargo Handling Co. Shares of the Abu Dhabi-listed logistics and industry group closed the session 1.08% higher. Over in Dubai, Deyaar Development (DFM:DEYAAR) paused trading on a late morning on Monday amid a board meeting. Shares of the real estate company were 0.94% in the red when it last traded on the same day.