The Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) sit at the crossroads of Gulf energy wealth and global trade. Emaar Properties, DEWA, Emirates NBD and Dana Gas offer exposure to Brent crude, real estate cycles and aviation recovery in the world’s most dynamic emerging market.
| # | Stock | Signal | Cycle return | Duration | Period |
|---|---|---|---|---|---|
| 1 | Emirates NBDEMIRATES | EUR 10Y / PMI | 24 mnd | 2020-04 → 2022-04 | |
| 2 | Emaar PropertiesEMAAR | Global PMI | 26 mnd | 2020-04 → 2022-06 | |
| 3 | Dana GasDANA | Brent Crude | 24 mnd | 2020-04 → 2022-04 | |
| 4 | DEWADEWA | Brent Crude / PMI | 20 mnd | 2022-04 → 2023-12 | |
| 5 | Emirates Airline (dnata)n/a | Flying Hours | 22 mnd | 2020-04 → 2022-02 | |
| 6 | FertiglobeFERTIGLOBE | Urea / Ammonia | 18 mnd | 2020-04 → 2021-10 | |
| 7 | ADNOC DistributionADNOCDIST | Brent Crude | 24 mnd | 2020-04 → 2022-04 |
| # | Company | Signal | Cycle return |
|---|---|---|---|
| 1 | DAMAC PropertiesDAMAC.DFM | Dubai Prices | |
| 2 | FertiglobeFERTIGLOBE.AD | Urea | |
| 3 | DP WorldDPW.DFM | Container Trade | |
| 4 | Gulf NavigationGNAV.DFM | VLCC Rates |