Key Highlights
- UAEA, the Lunate S&P UAE Shariah ETF, traded AED 302.5k on 33,610 shares, ranking 1st by value on the ETF board, and closed 0.55% lower on the day; it carries the heaviest net weekly buying pressure on the board, AED 1.17m.
- QUANTM, the Boreas Solactive Quantum Computing UCITS ETF Share Class B Distributing, was the worst one-day performer on the ETF board at -1.63%, on 67,144 shares (AED 121.4k), 1.19 times its seven-day average volume.
- INDI, the Lunate S&P India Shariah ETF, was the busiest ETF relative to its own seven-day average, at 4.41 times, on 14,532 shares (AED 45.0k), and closed 0.65% higher on the day.
- ADIB, Abu Dhabi Islamic Bank, rose 4.68% on the day on AED 145.02m and is up 8.60% over the week from its 2026-11-04 base.
- FAB, First Abu Dhabi Bank, led equity value at AED 529.61m, closing 0.10% lower, and carries the heaviest net weekly buying pressure on the equity board, AED 175.87m.
- Exchange-wide turnover was AED 2.30bn across 100 active tickers, 11.0% lower than the previous session but 80.2% above the average of the 9 prior sessions in the feed.
- GRMNY, the Lunate S&P Germany UCITS ETF, carries the heaviest net weekly selling pressure on the ETF board, AED 280.8k, despite closing 0.41% higher on the day.
Market Overview
Wednesday's session on the Abu Dhabi Securities Exchange was broadly constructive. Exchange-wide turnover was AED 2.30bn across 100 active tickers, on 472,274,145 shares traded, and AED 190.27m more value crossed at the ask than at the bid. Of the 67 equities measured against the immediately preceding session, 41 closed higher, 18 lower and 8 unchanged. On the ETF board, however, the two largest names by value both ended lower, led by UAEA, the Lunate S&P UAE Shariah ETF, down 0.55% on AED 302.5k.
That is the day's tension: the fund tracking the UAE market eased while the market itself rallied. UAEA's slip breaks the run of gains Tuesday's Market Wrap highlighted, yet the fund still carries the heaviest net weekly buying pressure on the ETF board at AED 1.17m and is up 1.36% over the week from its 2026-11-04 base. Turnover also cooled from Tuesday's AED 2.58bn, an 11.0% decline, even though it remained 80.2% above the nine-session average.
ETFs
UAEA dominated the ETF board again, taking 42.0% of the board's AED 719.4k on 33,610 shares, 0.814 times its seven-day average volume. Its 0.55% decline on the day sits against a week in which it is up 1.36% and carries AED 1.17m of net weekly buying pressure, the heaviest on the board, ahead of QUANTM at AED 94.0k and USVALUE at AED 74.8k.
QUANTM, the Boreas Solactive Quantum Computing UCITS ETF Share Class B Distributing, was the board's worst one-day performer at -1.63% on AED 121.4k, trading 1.19 times its seven-day average volume. The move came even as US technology stocks were set to extend their rebound after CoreWeave's results, suggesting the local print did not follow the overnight tech recovery.
Breadth on the board was positive: of the 18 ETFs measured against the immediately preceding session, 9 closed higher, 5 lower and 4 unchanged, with 3 further traded ETFs excluded because their most recent prior close is 2 to 12 calendar days back. JPANI, the Lunate S&P Japan UCITS ETF, rose 0.93% on AED 87.6k, and GRMNY, the Lunate S&P Germany UCITS ETF, added 0.41% on AED 62.6k. Over the week, though, GRMNY carries the heaviest net weekly selling pressure on the board at AED 280.8k, followed by JPANI at AED 185.9k and BONDAE, the Lunate JP Morgan UAE Bond UCITS ETF, at AED 46.3k.
INDI, the Lunate S&P India Shariah ETF, was the busiest name relative to its own seven-day average at 4.41 times, on 14,532 shares (AED 45.0k), closing 0.65% higher and up 2.67% over the week from its 2026-11-04 base. At the thin end, KMCA, the PLUS Korea Manufacturing Core Alliance Index ETF, was the board's best one-day performer at +5.02%, but on just 77 shares (AED 4.3k), a footnote rather than a signal. CHADX15, the Lunate FTSE ADX 15 ETF, traded only 36 shares (AED 129), 0.005 times its own average.
Equities
Equity strength was reasonably broad. ADIB, Abu Dhabi Islamic Bank, gained 4.68% on AED 145.02m, extending its weekly advance to 8.60% from its 2026-11-04 base. ETISALAT, Emirates Telecommunications Group Company PJSC, rose 2.66% on AED 150.22m, 2.68 times its seven-day average volume, and ALDAR, Al Dar Properties, added 2.37% on AED 311.28m. ADNOCLS, ADNOC Logistics & Services PLC, climbed 3.23% on AED 115.65m, and SPACE42, Space42 PLC, rose 4.00% on AED 13.37m.
The two largest names by value were quieter. FAB, First Abu Dhabi Bank, traded AED 529.61m, 2.94 times its seven-day average volume, but closed 0.10% lower; it still carries the heaviest net weekly buying pressure on the equity board at AED 175.87m, ahead of ADCB at AED 35.12m and ETISALAT at AED 28.20m. ADNOCGAS, ADNOC Gas PLC, closed unchanged on AED 409.65m and carries the board's heaviest net weekly selling pressure, AED 145.74m, followed by IHC, International Holding Company PJSC, at AED 142.18m and ALDAR at AED 53.05m.
IHC was the notable laggard among large names, down 0.94% on AED 91.92m at 0.589 times its average volume. Of all 106 equity listings with a seven-day net-pressure figure, including 29 that did not trade today, 44 carry positive weekly net pressure and 43 negative, a nearly even weekly picture beneath Wednesday's positive breadth. FAB's AED 175.87m of accumulated net weekly buying pressure against a 0.72% weekly price decline from its 2026-11-04 base is the figure to track into the next session.
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