Skip to content
The Reel — swipe today’s market
Nukoud
Markets

UAEA extends gains at 0.22% on heavy turnover as ADX trading jumps 68.1%. ADX market wrap for November 10, 2026

The Lunate S&P UAE Shariah ETF again led the ADX ETF board by value on Tuesday, taking 47.9% of the board's AED 1.36m while carrying the heaviest net weekly buying pressure. Exchange-wide turnover surged 68.1% to AED 2.56bn, though AED 92.35m more value crossed at the bid than at the ask.

6 min read
UAEA extends gains at 0.22% on heavy turnover as ADX trading jumps 68.1%. ADX market wrap for November 10, 2026

Key Highlights

  • UAEA, the Lunate S&P UAE Shariah ETF, traded AED 649.6k, ranking 1st by value on the ETF board, closed 0.22% higher on the day and is up 3.92% over the week from its 2026-11-03 base.
  • GRMNY, the Lunate S&P Germany UCITS ETF, traded AED 456.7k on 21.01 times its seven-day average volume; it has no one-day move, with its most recent prior close on 2026-11-06, and carries the heaviest net weekly selling pressure on the ETF board at AED 263.7k.
  • Of the 17 ETFs measured against the immediately preceding session, 12 closed higher, 4 lower and 1 unchanged.
  • Exchange-wide turnover was AED 2.56bn, 68.1% higher than the previous session and 124.9% above the average of the 9 prior sessions in the feed.
  • ALDAR, Al Dar Properties, led the equity board by value at AED 466.33m, closing 3.44% higher on the day on 2.53 times its seven-day average volume.
  • ADCB, Abu Dhabi Commercial Bank, rose 4.22% on the day and carries the heaviest net weekly buying pressure on the equity board at AED 70.92m.
  • IHC, International Holding Company PJSC, carries the heaviest net weekly selling pressure on the equity board at AED 145.73m, a week after reporting an 87% jump in profit.

Market Overview

Tuesday's session on the Abu Dhabi Securities Exchange was an activity-driven advance with the ETF board's largest name again at the front. UAEA, the Lunate S&P UAE Shariah ETF, took first place by value with AED 649.6k on 71,997 shares, 2.58 times its seven-day average volume, and carries AED 1.00m of net weekly buying pressure, the heaviest on the board. That extends the leadership highlighted in Monday's Market Wrap, when UAEA topped the board on triple its usual volume. Exchange-wide, AED 2.56bn traded across 91 active tickers, 68.1% higher than the previous session and 124.9% above the average of the 9 prior sessions in the feed.

The counterpoint sits just behind UAEA. GRMNY, the Lunate S&P Germany UCITS ETF, ranked 2nd by value at AED 456.7k on 21.01 times its average volume, yet carries the heaviest net weekly selling pressure on the ETF board. And despite broad gains on both boards, AED 92.35m more value crossed at the bid than at the ask exchange-wide, so the elevated turnover was not uniformly executed on the offer.

ETFs

UAEA dominated the board with 47.9% of its AED 1.36m total value. Its 0.22% daily gain was modest, but it is up 3.92% over the week from its 2026-11-03 base, and its AED 1.00m of net weekly buying pressure ranks first on the board, ahead of UAED, the Lunate S&P UAE UCITS ETF, at AED 200.7k and USGRWTH, the Lunate S&P US Shariah Growth ETF, at AED 179.1k. UAED itself added 0.50% on the day and is up 5.45% over the week.

GRMNY traded 93,100 shares, 21.01 times its seven-day average of 4,431, but its most recent prior close is 2026-11-06, so the session carries no one-day move for the fund. Its AED 263.7k of net weekly selling pressure is the board's heaviest, followed by JPANI, the Lunate S&P Japan UCITS ETF, at AED 82.2k and BONDAE, the Lunate JP Morgan UAE Bond UCITS ETF, at AED 46.1k. BONDAE nonetheless closed 2.28% higher on the day.

Breadth favoured the gainers: of the 17 ETFs measured against the immediately preceding session, 12 closed higher, 4 lower and 1 unchanged, with 4 further traded ETFs excluded because their most recent prior close is 4 to 7 calendar days back. QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, rose 3.95%, and AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF, gained 3.26% on 1.60 times its average volume.

Among thinner prints, KMCA, the PLUS Korea Manufacturing Core Alliance Index ETF, was the best one-day performer on the board at +10.29%, though on just 140 shares (AED 7.6k), and remains down 13.57% over the week from its 2026-11-02 base. PKSTN, the Lunate S&P Pakistan UCITS ETF, normally near-dormant, was the busiest relative to its own seven-day average at 293.08 times, on 1,524 shares (AED 18.0k). Across all 26 ETF board listings with a seven-day net-pressure figure, including 5 that did not trade today, 15 carry positive weekly net pressure and 10 negative.

Equities

Equity strength was broad: of the 66 equities measured against the immediately preceding session, 47 closed higher, 11 lower and 8 unchanged, with 3 further names excluded because their most recent prior close is 4 to 5 calendar days back. ALDAR, Al Dar Properties, led by value with AED 466.33m, closing 3.44% higher on 2.53 times its average volume and up 9.48% over the week. ADCB, Abu Dhabi Commercial Bank, gained 4.22% and tops the board's net weekly buying pressure at AED 70.92m, ahead of BURJEEL, BURJEEL HOLDINGS PLC, at AED 22.82m and AMR, AMERICANA RESTAURANTS INTERNATIONAL PLC, at AED 14.51m. AGILITY, Agility Global PLC, rose 4.58% on 7.49 times its average volume, and 2POINTZERO, Two Point Zero Group PJSC, added 6.06%.

The weak spots were concentrated. FAB, First Abu Dhabi Bank, fell 1.63% on 3.49 times its average volume despite ranking 2nd by value at AED 406.75m. ADNOCLS, ADNOC LOGISTICS & SERVICES PLC, dropped 3.85% and is down 7.28% over the week. IHC, International Holding Company PJSC, closed unchanged on 0.535 times its average volume, is down 5.88% over the week and carries the equity board's heaviest net weekly selling pressure at AED 145.73m, even after its reported 87% profit jump; ADNOCGAS, ADNOC GAS PLC, at AED 79.26m and ADNOCDRILL, ADNOC Drilling Company PJSC, at AED 42.64m sit behind it on that ranking. BURJEEL's 3.10% daily gain takes its weekly advance to 24.30% from its 2026-11-03 base, a figure worth watching against further sessions.

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.

Keep up with Nukoud

Get the Nukoud newsletter

ETF news and analysis for the GCC, delivered to your inbox. Free, no spam, unsubscribe anytime.

Related Articles

UAEA slips 0.55% atop the ETF board as ADX equities rally broadly. ADX market wrap for November 11, 2026
Markets

UAEA slips 0.55% atop the ETF board as ADX equities rally broadly. ADX market wrap for November 11, 2026

The Lunate S&P UAE Shariah ETF again led ADX ETF trading on Wednesday, taking 42.0% of the board's value while easing 0.55%, even as 41 of 67 measured equities closed higher. Exchange-wide turnover of AED 2.30bn was 11.0% below Tuesday but 80.2% above the trailing average, with AED 190.27m more value crossing at the ask than at the bid.

UAEA gains 1.69% on triple its usual volume as ADX turnover jumps 37.5%. ADX market wrap for November 9, 2026
Markets

UAEA gains 1.69% on triple its usual volume as ADX turnover jumps 37.5%. ADX market wrap for November 9, 2026

The Lunate S&P UAE Shariah ETF led the ADX ETF board by value on Monday, rising 1.69% on 2.96 times its seven-day average volume while QUANTM rebounded 4.12% from Friday's slide. Equity gainers outnumbered decliners 42 to 21, though AED 102.63m more value crossed at the bid than at the ask exchange-wide.

QUANTM slides 7.61% to top ADX ETF turnover as global AI selloff reaches Abu Dhabi. ADX market wrap for November 6, 2026
Markets

QUANTM slides 7.61% to top ADX ETF turnover as global AI selloff reaches Abu Dhabi. ADX market wrap for November 6, 2026

Boreas's quantum computing tracker led the ADX ETF board by value on Friday while posting the board's worst one-day fall, as US and Japan-focused funds also dropped alongside a global technology rout. Exchange turnover of AED 1.06bn fell 46.0% from Thursday, with equity decliners outnumbering gainers.

UAEA extends gains as JPANI slides 1.29% and ADX turnover jumps 17.9%. ADX market wrap for November 5, 2026
Markets

UAEA extends gains as JPANI slides 1.29% and ADX turnover jumps 17.9%. ADX market wrap for November 5, 2026

Lunate's UAE Shariah tracker stayed on top of the ADX ETF board on Thursday, up 0.90% on heavy volume with the board's heaviest net weekly buying pressure, while JPANI fell again on its largest weekly selling tally. Exchange turnover of AED 1.94bn ran well above recent norms, led by IHC and ADNOC Gas, with Burjeel the standout gainer.