Key Highlights
- UAEA, the Lunate S&P UAE Shariah ETF, traded AED 205.5k on 23,733 shares, ranking 1st by value on the ETF board, closing 0.23% higher on the day at 5.97 times its seven-day average volume.
- UAED, the Lunate S&P UAE UCITS ETF, was the busiest ETF relative to its own seven-day average at 6.18 times, on 17,101 shares (AED 97.6k), and carries the board's heaviest net weekly buying pressure at AED 89.1k.
- CHHK, the Lunate S&P China HK Shariah ETF, closed 0.56% higher on the day on AED 152.3k, 2.36 times its seven-day average volume, but is down 4.81% over the week from its 2026-10-16 base.
- SUKUK, the Lunate JP Morgan Global Sukuk ETF, carries the heaviest net weekly selling pressure on the ETF board at AED 254.2k, despite trading just AED 1.9k in the session.
- ASM, Al Seer Marine Supplies & Equipment Company P.J.S.C, was the best one-day performer on the equity board at +13.81%, on AED 5.72m.
- Exchange-wide turnover was AED 893.08m, 21.9% lower than the previous session and 13.0% below the average of the 9 prior sessions in the feed.
- ADCB, Abu Dhabi Commercial Bank, carries the heaviest net weekly buying pressure on the equity board at AED 70.36m, and closed 1.62% higher on the day.
Market Overview
Monday's session on the Abu Dhabi Securities Exchange was a quieter but constructive one, and the ETF board's story was domestic. UAEA, the Lunate S&P UAE Shariah ETF, led the board at AED 205.5k, trading 5.97 times its seven-day average volume and closing 0.23% higher, while UAED, the Lunate S&P UAE UCITS ETF, was the busiest name on the board relative to its own average at 6.18 times, on AED 97.6k. UAED also carries the heaviest net weekly buying pressure on the board at AED 89.1k. The two UAE trackers together set the ETF board's tone on a day the board traded AED 709.0k in total.
The counterpoint is activity, not direction. Exchange-wide turnover of AED 893.08m was 21.9% lower than the previous session and 13.0% below the average of the 9 prior sessions in the feed, so the UAE trackers' heavy prints came against a thinning market. Breadth was still positive on the equity board, where 37 of 67 measured names closed higher against 17 lower and 13 unchanged, and AED 25.65m more value crossed at the ask than at the bid exchange-wide.
ETFs
The UAE pair dominated. UAEA took 29.0% of the board's traded value and UAED, despite a 0.17% dip on the day, drew the board's biggest volume anomaly at 6.18 times its seven-day average of 2,768 shares. UAED's AED 89.1k of net weekly buying pressure, ahead of QUANTM, the Boreas Solactive Quantum Computing UCITS ETF Share Class B Distributing, at AED 31.5k and JPANI, the Lunate S&P Japan UCITS ETF, at AED 24.1k, suggests the week's executions in the UCITS tracker have leaned to the offer side. UAEA, by contrast, sits third on the selling-pressure ranking at AED 101.4k, so the two UAE funds have pulled in opposite directions over the week.
USGRWTH, the Lunate S&P US Shariah Growth ETF, ranked 2nd by value at AED 152.4k and closed 0.33% lower. CHHK, the Lunate S&P China HK Shariah ETF, matched it almost exactly at AED 152.3k, closing 0.56% higher on 2.36 times its average volume, extending the rebound noted in Friday's wrap, though the fund remains down 4.81% over the week from its 2026-10-16 base and still carries AED 136.2k of net weekly selling pressure, second heaviest on the board.
SUKUK, the Lunate JP Morgan Global Sukuk ETF, carries the board's heaviest net weekly selling pressure at AED 254.2k, yet traded only AED 1.9k on 523 shares in the session, 0.014 times its average. That reading sits against a backdrop of record sukuk issuance as GCC governments lean on the Islamic finance market, a reminder that primary-market supply and secondary-board prints can tell different stories.
Breadth on the board was even: of the 17 ETFs measured against the immediately preceding session, 8 closed lower, 8 higher and 1 unchanged, with 2 further traded ETFs excluded because their most recent prior close is 5 calendar days back. The best one-day performer, USVALUE, the Lunate S&P US Shariah Value ETF, rose 1.28% but on just 210 shares (AED 1.2k); the worst, TURKI, the Lunate S&P Turkey Shariah ETF, fell 3.08% on AED 635, both trivial prints. Watch whether UAED's volume multiple and buying-pressure lead persist into Tuesday's session.
Equities
ALDAR, Al Dar Properties, led the equity board at AED 157.88m, closing 1.47% higher at 2.02 times its seven-day average volume, though it remains down 5.37% over the week from its 2026-10-19 base. ADCB, Abu Dhabi Commercial Bank, traded AED 100.46m, closed 1.62% higher, and carries the equity board's heaviest net weekly buying pressure at AED 70.36m, ahead of ADNOCDRILL, ADNOC Drilling Company PJSC, at AED 41.32m and ANAN, ANAN INVESTMENT HOLDING P.J.S.C, at AED 16.39m. Further down, ASM, Al Seer Marine Supplies & Equipment Company P.J.S.C, was the board's best one-day performer at +13.81% on AED 5.72m, and AMR, AMERICANA RESTAURANTS INTERNATIONAL PLC, rose 4.76% on AED 11.01m.
The weak spot sat with the board's second and fourth largest names by value. ADNOCGAS, ADNOC GAS PLC, closed 1.58% lower on AED 120.37m and carries AED 71.30m of net weekly selling pressure, second heaviest on the board behind IHC, International Holding Company PJSC, at AED 82.30m; FAB, First Abu Dhabi Bank, sits third at AED 35.85m. IHC traded only 0.482 times its average volume despite ranking 4th by value. ADNOCLS, ADNOC LOGISTICS & SERVICES PLC, fell 1.01% and is down 7.19% over the week from its 2026-10-19 base.
Across all 104 equity board listings with a seven-day net-pressure figure, including 33 that did not trade today, 29 carry positive weekly net pressure and 58 negative, so the week's order-book skew remains to the sell side even on a session of positive daily breadth.
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.