Key Highlights
- JPANI, the Lunate S&P Japan UCITS ETF, traded AED 116.6k on 20,356 shares, 1st by value on the ETF board, closing 0.88% higher on the day on 18.30 times its seven-day average volume, the busiest on the board versus its own average.
- CHHK, the Lunate S&P China HK Shariah ETF, ranked 2nd by value at AED 51.8k and closed 1.98% lower on the day, on 0.507 times its seven-day average volume.
- GCCDIV, the Lunate Solactive GCC Shariah Dividend ETF, rose 1.16% on the day and carries the heaviest net weekly buying pressure on the ETF board at AED 197.1k.
- CHADX15, the Lunate FTSE ADX 15 ETF, fell 0.84% on the day and carries the heaviest net weekly selling pressure on the ETF board, AED 129.8k.
- ADIB, Abu Dhabi Islamic Bank, was the worst one-day performer on the equity board at -4.76% on AED 86.84m; ADCB, Abu Dhabi Commercial Bank, led by value at AED 109.48m, down 1.35% on the day.
- Exchange-wide turnover was AED 882.17m, 35.3% lower than the previous session and 17.9% below the average of the 9 prior sessions in the feed.
- AGTHIA, the AGTHIA Group, traded 20.11 times its seven-day average volume on 13,277,099 shares (AED 42.78m), the busiest on the equity board versus its own average.
Market Overview
Thursday's ADX session was a quieter, downbeat one, and the ETF board's story was activity rather than direction. JPANI, the Lunate S&P Japan UCITS ETF, took the top spot by value at AED 116.6k on 20,356 shares, 18.30 times its seven-day average volume of 1,112 shares, closing 0.88% higher on the day. The ETF board traded AED 403.7k in total, with 17 of the 26 listed ETFs trading; of the 15 measured against the immediately preceding session, 6 closed lower, 5 higher and 4 unchanged.
The tension sits on the equity side. Exchange-wide turnover fell to AED 882.17m, 35.3% below Wednesday and 17.9% under the trailing average, and AED 39.07m more value crossed at the bid than at the ask. Of the 63 equities with a one-day base in the preceding session, 33 closed lower against 15 higher and 15 unchanged, with 5 further names excluded because their most recent prior close is older than the preceding session. The three largest names by value, all banks, each ended lower.
ETFs
JPANI's print was the board's standout on two measures at once: largest by value and busiest relative to its own history. The fund is still down 0.17% over the week from its 2026-10-22 base, but it carries AED 146.3k of net weekly buying pressure, third heaviest on the board behind GCCDIV, the Lunate Solactive GCC Shariah Dividend ETF, at AED 197.1k and UAED, the Lunate S&P UAE UCITS ETF, at AED 148.9k.
GCCDIV added 1.16% on the day, extending the move highlighted in Wednesday's Market Wrap, and is up 2.65% over the week from its 2026-10-22 base, though Thursday's trade was lighter at AED 14.0k on 0.172 times its seven-day average volume. On the other side, CHADX15, the Lunate FTSE ADX 15 ETF, fell 0.84% on the day on AED 47.5k and 1.80 times its average volume, and tops the board's net weekly selling pressure at AED 129.8k, ahead of SAUDIA, the Lunate S&P KSA Shariah ETF, at AED 59.6k and KWIN, the KraneShares Wahed Alternative Income Index ETF, at AED 54.0k.
The technology-themed names diverged. AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF - AED (Dist), rose 0.91% on 1.55 times its average volume and is up 2.31% over the week, a session in which AI memory demand drove a 328% revenue surge at SK Hynix even as US tech stocks were set to fall on earnings-fuelled spending concerns. QUANTM, the Boreas Solactive Quantum Computing UCITS ETF Share Class B Distributing, slipped 1.02% despite being up 2.63% over the week. CHHK, the Lunate S&P China HK Shariah ETF, the board's second-largest print at AED 51.8k, closed 1.98% lower.
Among the thinner names, KWEB, the KraneShares CSI China Internet ETF, was the worst one-day performer on the ETF board at -3.46%, though on just 80 shares (AED 6.6k), and TURKI, the Lunate S&P Turkey Shariah ETF, the best at +1.74%, traded only 13 shares (AED 76). AGIX, the KraneShares Public-Private AI & Technology ETF, traded AED 13.1k but has no one-day move, its most recent prior close being 2026-10-20. Across all 26 ETF board listings with a seven-day net-pressure figure, including 9 that did not trade today, 11 carry positive weekly net pressure and 13 negative.
Equities
The equity board traded AED 881.76m, and banks dominated the value table while leading the declines. ADCB, Abu Dhabi Commercial Bank, ranked 1st at AED 109.48m, down 1.35% on the day. FAB, First Abu Dhabi Bank, fell 4.20% on AED 92.13m and 1.29 times its average volume, and ADIB, Abu Dhabi Islamic Bank, dropped 4.76% on AED 86.84m, the worst one-day performer among the 63 equities measured against the preceding session, leaving it down 6.73% over the week from its 2026-10-22 base. The best one-day performer, ESG, rose 7.12% but on just 8,633 shares (AED 112.2k).
What strength there was came from mid-table names. PRESIGHT, PRESIGHT AI HOLDING PLC, gained 1.41% on 1.55 times its average volume and is up 9.12% over the week. FERTIGLB, Fertiglobe plc, added 0.45% on 1.46 times its average, and ADNOCDIST, Abu Dhabi National Oil Company For Distribution, rose 0.53%. AGTHIA, the AGTHIA Group, traded 20.11 times its seven-day average volume on AED 42.78m, the busiest on the equity board versus its own average, though it closed 1.22% lower.
On the week, ALDAR, Al Dar Properties, carries the heaviest net weekly buying pressure on the equity board at AED 42.99m, ahead of AMR, AMERICANA RESTAURANTS INTERNATIONAL PLC, at AED 22.52m and ANAN, ANAN INVESTMENT HOLDING P.J.S.C, at AED 20.69m. IHC, International Holding Company PJSC, carries the heaviest net weekly selling pressure at AED 35.68m, followed by ADNOCGAS, ADNOC GAS PLC, at AED 31.39m and ADNOCLS, ADNOC LOGISTICS & SERVICES PLC, at AED 26.34m. IHC itself closed unchanged on the day on AED 65.26m traded. ADIB's week-long slide of 6.73% against its 2026-10-22 base is the figure to track 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.