ADX-Listed Bank Stocks Show Mixed Performance in May 2026

The latest “First Bank” report tracking the performance of banking stocks listed on the Abu Dhabi Securities Exchange (ADX) during May 2026 revealed a mixed performance, with gains, stability, and declines across the sector, while selling pressure weighed on several leading banking stocks.

Overall, the report showed that shares of three banks advanced during the month, one stock remained unchanged, and five banks recorded declines.

Leading the gainers was United Arab Bank, whose shares rose by 3.7% to close at AED 1.40 at the end of May.

National Bank of Umm Al Qaiwain ranked second, posting a 3.5% increase to close at AED 2.92. It was followed by Abu Dhabi Commercial Bank (ADCB), which gained 0.7% to end the month at AED 13.80 per share.

Meanwhile, National Bank of Fujairah maintained a stable performance, closing unchanged at AED 5.23 by month-end.

On the downside, Bank of Sharjah ranked fifth after its shares fell 1.6% to close at AED 1.22.

Sharjah Islamic Bank declined by 3.7% to AED 2.84, placing sixth in the ranking, followed by First Abu Dhabi Bank (FAB), whose shares dropped 4.3% to close at AED 16.80.

Further declines were recorded by National Bank of Ras Al Khaimah (RAKBANK), which fell 6.3% to AED 8.25, while Abu Dhabi Islamic Bank (ADIB) posted the steepest decline, dropping 6.7% to close at AED 20.46.

The performance reflects continued selling pressure on several blue-chip banking stocks during the month, despite gains recorded by a number of smaller lenders.