Key Highlights
- CHADX15, the Lunate FTSE ADX 15 ETF, led the ETF board by value at AED 315.1k, closing 0.26% higher on the day and up 1.33% over the week from its 2026-09-18 base.
- USVALUE, the Lunate S&P US Shariah Value ETF, was the ETF board's busiest name against its own average, at 6.35 times its seven-day average volume, on 29,175 shares (AED 151.1k), closing 0.19% higher on the day.
- UAEA, the Lunate S&P UAE Shariah ETF, ranked 2nd by ETF value at AED 253.0k, trading 4.71 times its seven-day average volume while closing unchanged on the day.
- QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, rose 1.73% on the day; USGRWTH, the Lunate S&P US Shariah Growth ETF, gained 1.64%.
- BOROUGE, Borouge PLC, traded AED 221.01m, 7.72 times its seven-day average volume, closing 0.42% higher on the day but carrying AED 52.04m of net weekly selling pressure.
- Exchange-wide turnover was AED 1.24bn, 0.3% lower than the previous session and 7.5% below the average of the 9 prior sessions in the feed.
- The worst one-day equity performer was NBF at -4.84%, on 10,300 shares (AED 46.6k).
Market Overview
Friday's session on the Abu Dhabi Securities Exchange belonged to the ETF board's recovery. Of the 16 ETFs whose one-day move is measured against the immediately preceding session, 8 closed higher, 5 lower and 3 unchanged, with 4 further traded funds excluded for lacking a previous-session close. That reverses the picture in Thursday's Market Wrap, when US and technology-themed trackers fell up to 2.53%: the same cluster led Friday's gains, while CHADX15, the Lunate FTSE ADX 15 ETF and the board's largest name at AED 315.1k, added 0.26% on the day. Exchange-wide, AED 1.24bn traded across 94 active tickers, 0.3% lower than the previous session, with AED 88.50m more value crossing at the ask than at the bid.
The tension sat in liquidity rather than direction. Turnover was 7.5% below the average of the 9 prior sessions in the feed, and on the equity board 48 names carry negative weekly net pressure against 33 positive, even as 35 of 72 measured equities closed higher against 26 lower and 11 unchanged, with 2 further names excluded for stale prior closes.
ETFs
CHADX15 topped the board by value, trading AED 315.1k on 83,255 shares, 0.701 times its seven-day average volume, and closing 0.26% higher on the day. It carries AED 1.79m of net weekly buying pressure, the kind of home-market fund a GCC-focused reader would treat as the board's barometer. UAEA, the Lunate S&P UAE Shariah ETF, ranked 2nd at AED 253.0k and closed unchanged, but did so on 4.71 times its seven-day average volume of 5,967 shares, a genuine step-up in activity for the fund.
USVALUE, the Lunate S&P US Shariah Value ETF, was the busiest name on the board relative to its own average, at 6.35 times its seven-day average volume, on 29,175 shares (AED 151.1k), closing 0.19% higher and flat over the week from its 2026-09-18 base. The rest of the US and technology cluster recovered Thursday's ground: USGRWTH, the Lunate S&P US Shariah Growth ETF, rose 1.64% on the day; QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, gained 1.73% on AED 92.2k as venture optimism around the quantum sector builds; and AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF, added 1.32% on 2.01 times its average volume, one of a group of AI-themed funds now accessible to GCC investors on ADX. QUANTM's move came against AED 109.4k of net weekly selling pressure, the board's counterweight to the day's gains.
The best one-day performer was AGIX, the KraneShares Public-Private AI & Technology ETF, at +2.64%, though on just 221 shares (AED 39.5k), a thin print. The worst was SAUDIA, the Lunate S&P KSA Shariah ETF, at -0.90% on 4,055 shares (AED 13.5k). GCCDIV, the Lunate Solactive GCC Shariah Dividend ETF, closed unchanged on AED 73.0k and is down 1.12% over the week from its 2026-09-18 base.
Among the board's dormant names, GRMNY, the Lunate S&P Germany UCITS ETF, traded just 0.004 times its seven-day average on AED 3.1k, and KWTI, the Lunate S&P Kuwait Shariah ETF, was the thinnest traded name at 0.002 times its average, on 28 shares (AED 112); both are measured against a 2026-09-23 close, so their prints are not one-day moves. On the news side, Cbonds has extended its ETF coverage to ADX-listed funds, and Lunate has launched a Natural Resources Dividend ETF in Germany with an Abu Dhabi listing to follow, which is the concrete addition to the board to watch next.
Equities
The equity board traded AED 1.24bn, with the day's activity concentrated at the top. BOROUGE, Borouge PLC, dominated at AED 221.01m, 17.8% of the equity board's value, on 7.72 times its seven-day average volume, closing 0.42% higher. ADNOCGAS, ADNOC GAS PLC, followed at AED 149.25m, up 0.30%, and ALDAR, Al Dar Properties, traded AED 111.75m, up 0.12% on the day and carrying AED 72.06m of net weekly buying pressure, the largest such reading among the board's biggest names.
The weak spots were specific. Borouge's outsized turnover came with AED 52.04m of net weekly selling pressure, and IHC, International Holding Company PJSC, closed 0.51% lower and is down 3.62% over the week from its 2026-09-18 base with AED 46.77m of net weekly selling pressure. ADIB, Abu Dhabi Islamic Bank, ended 0.60% lower. The best one-day equity performer, IH at +8.00%, traded only AED 146.3k, so it says little about where the session's money went; the worst, NBF at -4.84%, traded AED 46.6k.
Elsewhere, PUREHEALTH, Pure Health Holding PJSC, rose 1.05% on the day and is up 7.46% over the week from its 2026-09-18 base, while ASM, Al Seer Marine Supplies & Equipment Company P.J.S.C, gained 0.86% on 2.23 times its average volume and is up 7.03% over the week.
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.