Key Highlights
- JPANI, the Lunate S&P Japan UCITS ETF, ranked 1st by value on the ETF board at AED 161.4k, closed 1.04% higher on the day and traded 10.16 times its seven-day average volume of 2,728 shares.
- QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, was the best one-day ETF performer at +3.21%, though it remains down 5.06% over the week from its 2026-08-27 base.
- INDI, the Lunate S&P India Shariah ETF, was the worst one-day ETF performer at -0.98%, on AED 4.6k.
- Of the 19 ETFs measured against the preceding session, 10 closed higher, 4 lower and 5 unchanged; the board traded AED 420.0k in total.
- Exchange-wide turnover was AED 966.11m across 92 active tickers, 28.0% lower than the previous session and 25.7% below the eight-session average of AED 1.30bn.
- FAB, First Abu Dhabi Bank, led equities at AED 135.56m, up 1.47% on the day and carrying AED 73.82m of net weekly buying pressure.
- On the equity board, 29 of 70 measured names closed higher, 24 lower and 17 unchanged, with 3 traded names excluded from the count for lacking a previous-session close.
Market Overview
Friday's session on the Abu Dhabi Securities Exchange was quieter but constructive, and the fund board supplied the day's most distinctive signal. JPANI, the Lunate S&P Japan UCITS ETF, was the most-traded ETF at AED 161.4k, accounting for 38.4% of the board's value, and did so at 10.16 times its seven-day average volume of 2,728 shares while closing 1.04% higher on the day. Exchange-wide, AED 966.11m traded across 92 active tickers, with AED 15.50m more value crossing at the ask than at the bid, a modest buy-side tilt.
The counterpoint is the shrinking base beneath the activity. Turnover was 28.0% lower than Thursday's AED 1.34bn and 25.7% below the average of the 8 prior sessions in the feed. JPANI's surge in activity also sits against AED 214.9k of net weekly selling pressure in the fund, and on the ETF board as a whole, 9 names carry positive weekly net pressure against 15 negative, so the day's price gains ran ahead of the week's order-book tone.
ETFs
JPANI's session was unusual on both measures that matter: it ranked 1st by value and was the busiest ETF relative to its own history, at 10.16 times its seven-day average on 27,702 shares. The fund is up 1.39% over the week from its 2026-08-27 base, one of the few weekly gainers on the board, though the AED 214.9k of net weekly selling pressure behind it means the elevated trading was not one-sided demand.
The next tier by value also finished higher. UAEA, the Lunate S&P UAE Shariah ETF, traded AED 65.2k and closed 1.03% higher on the day; it stands out as the board's clearest buy-side name, carrying AED 217.7k of net weekly buying pressure. USGRWTH, the Lunate S&P US Shariah Growth ETF, added 1.34% on AED 59.9k and is up 1.79% over the week, though it carries AED 283.7k of net weekly selling pressure.
QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, was the board's best one-day performer at +3.21% on AED 54.2k. The bounce partially reverses the heavy-volume rally and week of net selling flagged in Thursday's wrap: the fund is still down 5.06% over the week and carries AED 327.3k of net weekly selling pressure, the largest such reading on the board. AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF, rose 1.31% on close-to-normal volume at 0.953 times its average.
At the thin end, INDI, the Lunate S&P India Shariah ETF, was the worst performer at -0.98% on just AED 4.6k, and TURKI, the Lunate S&P Turkey Shariah ETF, was the board's thinnest name at 0.003 times its average volume, on 13 shares worth AED 109. AGIX, the KraneShares Artificial Intelligence & Technology ETF, printed +2.52%, but on 3 shares for AED 501, a rounding error against the board's AED 420.0k total.
Equities
Equity strength was led by the banks. FAB, First Abu Dhabi Bank, topped the board at AED 135.56m, closed 1.47% higher on the day at 1.43 times its seven-day average volume, and carries AED 73.82m of net weekly buying pressure, the standout order-book reading among the large names. ADCB, Abu Dhabi Commercial Bank, added 1.20% on AED 66.01m, and ADIB, Abu Dhabi Islamic Bank, rose 1.22%. ALDAR, Al Dar Properties, gained 1.58% on AED 49.45m. Breadth was mildly positive: of the 70 equities measured against the preceding session, 29 closed higher, 24 lower and 17 unchanged, with 3 further traded names excluded for lacking a previous-session close.
The weak spots were concentrated in recent momentum names. ESHRAQ, Eshraq Investments PJSC, fell 2.02% on AED 40.59m, giving back part of a 15.50% weekly gain from its 2026-08-27 base. FERTIGLB, Fertiglobe plc, eased 0.36% despite trading 1.20 times its average volume. Several heavyweights simply stalled: ADNOCGAS, ADNOC Gas PLC, ADPORTS, Abu Dhabi Ports Company PJSC, and SPACE42, Space42 PLC, all closed unchanged. Across the wider board, 41 names carry positive weekly net pressure and 48 negative, so the day's gains sit within a week still skewed to the sell side.
This article was created with AI assistance and reviewed by our Editorial staff before publication. This article is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Please review the relevant securities website and factsheets before making any investment decision. See our full disclosures.
