Key Highlights
- TURKI, the Lunate S&P Turkey Shariah ETF, led the ETF board at AED 287.2k, closing 2.53% lower on the day and down 6.16% over the week from its 2026-09-09 base.
- CHADX15, the Lunate FTSE ADX 15 ETF, rose 0.80% on the day on 5.00 times its seven-day average volume (AED 69.0k), the busiest ETF versus its own average.
- AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF, closed 0.90% lower on 3.10 times average volume and is down 5.15% over the week.
- Exchange-wide turnover was AED 991.19m, 4.3% lower than the previous session and 17.5% below the nine-session average of AED 1.20bn.
- ALDAR, Al Dar Properties, topped the equity board at AED 104.30m, closing 2.06% higher on the day.
- INB, Invest Bank, closed 5.88% higher on 22.54 times its seven-day average volume (AED 14.90m), the busiest equity versus its own average.
- ADCB, Abu Dhabi Commercial Bank, carries AED 59.90m of net weekly buying pressure, the largest such figure among the top-traded equities.
Market Overview
Wednesday's session on the Abu Dhabi Securities Exchange was mixed and quieter than usual. Exchange-wide turnover was AED 991.19m across 98 active tickers, 4.3% lower than Tuesday and 17.5% below the average of the 9 prior sessions in the feed. On the ETF board, the story was a divergence between geography sleeves: TURKI, the Lunate S&P Turkey Shariah ETF, again led the board by value and fell 2.53%, extending the drop flagged in Tuesday's Market Wrap, while CHADX15, the Lunate FTSE ADX 15 ETF, rose 0.80% on the board's most unusual volume.
The counterpoint sat in the aggregates. Of the 15 ETFs with a one-day base in the immediately preceding session, 7 closed higher, 5 lower and 3 unchanged, with four further traded names excluded for stale or absent prior closes, so the board's breadth was actually positive despite its largest name falling. On equities, 31 closed lower against 29 higher and 14 unchanged of the 74 with a one-day base, and AED 19.89m more value crossed at the bid than at the ask exchange-wide, a mildly sell-side skew beneath a flat surface.
ETFs
TURKI took 41.9% of the ETF board's AED 685.8k of traded value. It fell 2.53% on 2.02 times its seven-day average volume of 17,424 shares and is down 6.16% over the week from its 2026-09-09 base, carrying AED 52.5k of net weekly selling pressure. The move deepens the decline that led Tuesday's wrap, when the fund fell 2.01%.
AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF, was second by value at AED 126.8k, closing 0.90% lower on 3.10 times its average volume; it is down 5.15% over the week and carries AED 136.3k of net weekly selling pressure, the heaviest on the board. That weekly slide has come as Treasury yields hover above 5% ahead of an expected Fed rate rise and as AI-linked assets sit at the centre of a public debate over whether the sector's build-out should slow.
The regional sleeves went the other way. GCCDIV, the Lunate Solactive GCC Shariah Dividend ETF, was third by value at AED 110.8k, up 0.28% on 3.61 times average volume with AED 92.7k of net weekly buying pressure, the board's largest. CHADX15 rose 0.80% on 5.00 times its seven-day average of 3,668 shares, the busiest ETF against its own norm, and is up 1.34% over the week. UAEA, the Lunate S&P UAE Shariah ETF, added 1.01% on the day.
Elsewhere, KWEB, the KraneShares CSI China Internet ETF, was the board's best one-day performer at +1.52%, though on only 40 shares (AED 3.6k). JPANI, the Lunate S&P Japan UCITS ETF, was the thinnest name at 0.003 times its average, on 25 shares (AED 145). On weekly net pressure, 14 ETF names are positive and 9 negative, consistent with the tilt toward regional trackers over global thematic funds.
Equities
ALDAR, Al Dar Properties, anchored the equity board's AED 990.50m, trading AED 104.30m and closing 2.06% higher on 1.26 times its average volume, with AED 42.41m of net weekly buying pressure. ADNOCDIST, Abu Dhabi National Oil Company For Distribution, traded AED 97.23m on 2.78 times average volume but closed unchanged. ALPHADHABI, Alpha Dhabi Holding PJSC, added 0.93% on AED 91.64m. The banks were steady rather than strong: ADCB, Abu Dhabi Commercial Bank, eased 0.37% on AED 70.36m yet carries AED 59.90m of net weekly buying pressure, and FAB, First Abu Dhabi Bank, slipped 0.30% with AED 36.54m of weekly buying pressure behind it.
The volume event of the day was INB, Invest Bank, which closed 5.88% higher on 407,998,422 shares, 22.54 times its seven-day average, worth AED 14.90m; it is up 12.50% over the week. ASM, Al Seer Marine Supplies & Equipment Company P.J.S.C, added 0.89% and is up 22.74% over the week from its 2026-09-09 base.
The weak spots were concentrated. FERTIGLB, Fertiglobe plc, fell 1.19% and is down 11.35% over the week, carrying AED 31.90m of net weekly selling pressure. ANAN, Anan Investment Holding P.J.S.C, dropped 1.71% on 1.69 times average volume, and 2POINTZERO, Two Point Zero Group PJSC, lost 2.21%. Weekly net pressure across the equity board is close to level, at 47 names positive and 45 negative.
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.