Key Highlights
- GRMNY, the Lunate S&P Germany UCITS ETF, traded AED 3.67m, ranking 1st by value on the ETF board, on 318.84 times its seven-day average volume; it closed 0.20% higher on the day and carries AED 3.68m of net weekly buying pressure.
- CHADX15, the Lunate FTSE ADX 15 ETF, closed 0.79% lower on the day on AED 1.85m, 20.74 times its seven-day average volume, reversing Tuesday's board-leading gain.
- QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, was the best one-day ETF performer at +2.16% (AED 280.8k); SUKUK, the Lunate JP Morgan Global Sukuk ETF, was the worst at -1.62%, on just 1,347 shares (AED 4.9k).
- Exchange-wide turnover was AED 1.39bn across 94 active tickers, 26.0% higher than the previous session and 13.0% above the average of the 9 prior sessions in the feed.
- ASM, the Al Seer Marine Supplies & Equipment Company P.J.S.C, was the best one-day equity performer at +5.57% on AED 19.28m; BOS, the Bank Of Sharjah, ended 4.52% lower.
- ADCB, the Abu Dhabi Commercial Bank, rose 1.46% on the day on AED 148.78m and carries AED 54.93m of net weekly buying pressure, the standout pressure reading on the equity board.
Market Overview
Wednesday's session on the Abu Dhabi Securities Exchange was activity-driven and modestly positive. Exchange-wide turnover reached AED 1.39bn across 94 active tickers, 26.0% higher than Tuesday's AED 1.10bn, and the ETF board's story was a rotation into international exposure: GRMNY, the Lunate S&P Germany UCITS ETF, topped the fund board at AED 3.67m on 318.84 times its normal volume, while CHHK, the Lunate S&P China HK Shariah ETF, and INDI, the Lunate S&P India Shariah ETF, also traded at multiples of their averages.
The tension sat in two places. The heavy trading in the international trackers came alongside price declines in two of them, and CHADX15, the Lunate FTSE ADX 15 ETF, the home-market fund that led the board on Tuesday, ended 0.79% lower. On the wider exchange, AED 61.49m more value crossed at the bid than at the ask, so the day's higher turnover was not one-way demand.
ETFs
GRMNY carried the board. It traded AED 3.67m on 747,288 shares, 318.84 times its seven-day average volume of 2,344 shares, closed 0.20% higher on the day and carries AED 3.68m of net weekly buying pressure, the largest positive pressure reading on the fund board. That single name accounted for the top slot by value on a board that traded AED 9.87m in total.
The next three names by value were also international trackers, and all fell. CHHK traded AED 1.93m at 205.23 times its average and closed 1.01% lower, though it remains up 2.07% over the week from its 2026-09-16 base with AED 1.94m of net weekly buying pressure. INDI traded AED 1.18m at 135.38 times its average and closed 1.02% lower. CHADX15 slipped 0.79% on AED 1.85m, still 20.74 times its own average, extending the pattern from Tuesday's wrap, where the fund led the board on elevated volume but carried a soft weekly print; it is now down 0.26% over the week from its 2026-09-16 base. The volume behind these UAE-listed country funds sits alongside Nukoud's recent comparison of the UAE ETF line-up and its survey of Saudi-exposure funds, which map the range of trackers now competing for this order flow.
Breadth on the board was mildly positive: of the 15 ETFs measured against the immediately preceding session, 7 closed higher, 5 lower and 3 unchanged, with 5 further traded names excluded because their prior close is older than Tuesday's session. QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, was the day's best performer at +2.16% on AED 280.8k, extending its 8.72% weekly gain from its 2026-09-16 base, though it carries AED 142.4k of net weekly selling pressure. SUKUK, the Lunate JP Morgan Global Sukuk ETF, was the worst at -1.62%, on just 1,347 shares (AED 4.9k), also the thinnest name against its own average at 0.015 times.
Among the dormant names that woke up, KWTI, the Lunate S&P Kuwait Shariah ETF, traded 1711.43 times its seven-day average volume of 52 shares, though on AED 357.8k, and closed unchanged. SAUDIA, the Lunate S&P KSA Shariah ETF, printed 227.78 times its average on AED 128.9k, closing 0.30% lower against a base two calendar days back, so not a one-day move. On the week, 17 ETF names carry positive net pressure and 7 negative.
Equities
Equity strength was reasonably broad: of the 68 equities measured against the immediately preceding session, 35 closed higher, 24 lower and 9 unchanged, with 6 further traded names excluded for lacking a previous-session close. Banks did the lifting by value. ADCB rose 1.46% on AED 148.78m, second by value on the board, and FAB, the First Abu Dhabi Bank, gained 1.61% on AED 81.96m. PRESIGHT, the PRESIGHT AI HOLDING PLC, rose 3.19% on 8.06 times its average volume, and MODON, the Modon Holding PJSC, added 2.77% on 6.43 times its average. ASM led all equities at +5.57% on AED 19.28m.
The weak spot was the board's largest name and the pressure tape. ADNOCGAS, the ADNOC GAS PLC, traded AED 199.92m, first by value, yet closed unchanged and carries AED 42.19m of net weekly selling pressure. ADIB, the Abu Dhabi Islamic Bank, carries AED 49.65m of net weekly selling pressure, and across the equity board 34 names show positive weekly net pressure against 48 negative. BOS ended 4.52% lower on AED 11.51m. Whether ADCB's AED 54.93m of net weekly buying pressure persists against that broader negative pressure count is the figure to watch into the next 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.