Key Highlights
- JPANI, the Lunate S&P Japan UCITS ETF, traded AED 88.2k, ranking 1st by value on the ETF board, closed 1.02% higher on the day and is up 3.30% over the week from its 2026-09-03 base, yet carries AED 247.7k of net weekly selling pressure.
- KWEB, the KraneShares CSI China Internet ETF, was the worst one-day ETF performer at -2.05%, on a thin AED 9.2k print.
- SAUDIA, the Lunate S&P KSA Shariah ETF, was the best one-day ETF performer at +1.19%.
- Of the 18 ETFs measured against the preceding session, 12 closed lower, 5 higher and 1 unchanged; one further ETF traded with no prior close at all.
- ASM, Al Seer Marine Supplies & Equipment Company P.J.S.C, was the equity board's best one-day performer at +14.80%, on 16.03 times its seven-day average volume.
- Exchange-wide turnover was 9.3% lower than the previous session (2026-09-09, when AED 1.39bn traded).
- Exchange-wide, AED 172.31m more value crossed at the ask than at the bid.
Market Overview
Thursday's Abu Dhabi Securities Exchange session was mixed. Turnover reached AED 1.26bn across 89 active tickers, 9.3% lower than the previous session and 0.9% below the average of the 8 prior sessions in the feed. The ETF board's story belonged to JPANI, the Lunate S&P Japan UCITS ETF, which topped the board by value at AED 88.2k, or 35.2% of the block's traded value, and closed 1.02% higher on the day on 1.48 times its seven-day average volume.
The tension sits within the ETF board itself: despite JPANI's advance, 12 of the 18 ETFs with a one-day base closed lower against 5 higher and 1 unchanged, and 8 fund names carry positive weekly net pressure against 16 negative. Equities pulled the other way, with 38 of 69 measurable names higher, and the exchange-wide skew of AED 172.31m more value crossing at the ask than the bid was equity-led rather than fund-led.
ETFs
JPANI's leadership came with a caveat. It is up 3.30% over the week from its 2026-09-03 base, but carries AED 247.7k of net weekly selling pressure, the heaviest on the board, so the week's executions have skewed to the bid even as the price climbed. The fund's dominance extends a pattern of single names taking outsized shares of ADX fund trading, after Wednesday's session was led by a Turkey fund on nearly half the board's value.
QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, ranked 2nd by value at AED 31.1k but closed 1.31% lower on the day on 0.321 times its seven-day average volume. USGRWTH, the Lunate S&P US Shariah Growth ETF, which led the board in earlier coverage this week, ranked 3rd at AED 20.1k and edged 0.11% higher. UAEA, the Lunate S&P UAE Shariah ETF, slipped 0.11% but stands out as one of the few funds with net weekly buying pressure, at AED 78.3k.
BONDAE, the Lunate JP Morgan UAE Bond UCITS ETF, traded 1.73 times its seven-day average volume and closed 0.83% lower, down 2.46% over the week from its 2026-09-02 base. KWEB, the KraneShares CSI China Internet ETF, was the board's worst performer at -2.05%, though on just AED 9.2k.
Among the smaller prints, AGIX, the KraneShares Artificial Intelligence & Technology ETF, was the busiest name relative to its own seven-day average at 3.34 times. The broader backdrop for Abu Dhabi's fund industry remains constructive, with ADGM assets under management rising 54% as the emirate attracts fund managers.
Equities
Equity strength was activity-driven and concentrated in a handful of movers. ASM, Al Seer Marine Supplies & Equipment Company P.J.S.C, closed 14.80% higher, the board's best one-day performer, on 16.03 times its seven-day average volume and AED 53.23m of value; it is up 20.45% over the week from its 2026-09-03 base. APEX, APEX INVESTMENT PJSC, gained 5.15% on 7.97 times its average volume. ADCB, Abu Dhabi Commercial Bank, rose 1.65% on the day and is up 6.51% over the week from its 2026-09-03 base, with AED 40.11m of net weekly buying pressure.
The largest name by value was quieter. ADPORTS, Abu Dhabi Ports Company PJSC, traded AED 140.06m on 2.69 times its seven-day average volume but closed 0.32% lower; it carries AED 92.59m of net weekly buying pressure. FAB, First Abu Dhabi Bank, also ended 0.20% lower despite AED 90.08m of net weekly buying pressure.
The weak spot was BILDCO, Abu Dhabi National Co. for Building Materials, which fell 3.70% on AED 55.68m of value, though it remains up 11.59% over the week from its 2026-09-03 base. ALPHADHABI, ALPHA DHABI HOLDING PJSC, slipped 0.54% and carries AED 42.55m of net weekly selling pressure, the largest negative among the board's biggest names. Whether JPANI's price strength persists against its AED 247.7k of net weekly selling pressure is the fund board's item to watch into Monday's session.
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.