Large Cap Stocks Show Bullish Trend, Led by Phoenix Group Plc's Strong Performance

Multiply Group PJSC, Emirates NBD Bank PJSC, National Bank of Ras Al Khaimah, ADNOC Gas Plc, and Borouge Plc. These stocks have shown a bullish to mildly bullish trend, indicating a positive sentiment in the market.

The top performer in this segment is Phoenix Group Plc, with a return of 9.09%. This shows that investors have been bullish on this stock, leading to its strong performance. On the other hand, the worst performer in this segment is Apex Investment PSC, with a return of -3.49%. This indicates that investors have been bearish on this stock, resulting in its poor performance.

The advance-decline ratio of the stocks in this large cap segment is also positive, with 37 stocks advancing and only 6 stocks declining. This shows that the majority of the stocks in this segment are performing well, with a ratio of 6.17x.

The recent technical call changes in these stocks suggest that there is a positive momentum in the market. This could be due to various factors such as strong financial performance, positive news, or investor confidence. As a result, the market is being driven by these large cap stocks, with a bullish to mildly bullish trend.

Investors should keep an eye on these stocks as they continue to show positive momentum. However, it is important to conduct thorough research and analysis before making any investment decisions. With the current market conditions, it is crucial to stay updated and make informed decisions to maximize returns.