Thematic ETFs led the tape on price: QUANTM added 4.3% to take its week to +15.1%, while China-linked funds traded at up to 13 times normal volume. Among stocks, Aldar Properties topped turnover at AED 245.5m and APEX surged 8.0% on an 18.6x volume anomaly, while the ADNOC complex traded heavily for flat-to-lower closes and persistent outflows.
Key highlights
- QUANTM led the ETF board, up 4.3% on the day and 15.1% on the week — the strongest weekly momentum of any fund.
- UAED traded just 607 units versus a 400,810-unit ADV (0.2% of normal), worth AED 3.6k, with an AED 11.3m net weekly outflow — a day after leading ETF turnover on ADX.
- APEX was the session's best equity, up 8.0% on 18.6x average volume and AED 97.0m traded — yet net flow was negative on the day and the week.
- Aldar rose 1.8% on AED 245.5m of turnover, the day's largest, backed by AED 189.8m of net weekly inflows.
- IHC carried the largest net weekly equity outflow at AED 66.8m; ADNOC Logistics saw AED 43.2m of weekly outflows.
- Aggregate equity turnover across covered names was roughly AED 1.68bn (Nukoud calculations based on ADX ITCH data).
ETFs
QUANTM rose 4.3%, taking its week to +15.1%, though on only half its average volume. China-linked funds drew the real attention: CHHK gained 3.4% on 7.9x normal volume and CHADX15 added 1.6% on 13.4x — the largest volume anomaly on the fund board — both with modest net buying. AGIX added 2.5% and was the largest ETF by value at AED 204.1k. Only USTBILL, SUKUK and KWEB closed red.
GCCDIV, Lunate's 6%-plus-yield Shariah dividend ETF added 0.8% but saw AED 65.4k of net selling — holders using strength to exit. Fixed income stayed soft, with BONDAE down 3.5% on the week as Saudi Arabia's 4.7% Sah sukuk resets regional benchmarks for low-risk returns.
Stocks
APEX rose 8.0% on 18.6x average volume and AED 97.0m traded — yet net flow was negative on both the day (AED -5.2m) and the week, the signature of profit-taking into a momentum bid. Cleaner buying showed up in ANAN (+5.3%, AED 6.3m net inflow) and ESHRAQ (+5.4% on 5.8x volume). Aldar, the day's busiest stock at AED 245.5m, rose 1.8% with AED 31.5m of net buying, extending a 7.0% weekly run backed by AED 189.8m of weekly inflows.
The ADNOC complex traded heavily for nothing: ADNOC Gas flat on AED 125.4m of turnover with AED -18.5m net flow, ADNOC Logistics down 0.3% with AED 43.2m of weekly outflows. IHC was flat on AED 82.4m with the board's largest weekly outflow at AED 66.8m. The banks quietly absorbed it — FAB, ADIB and ADCB each drew AED 11–18m of net inflows on flat prices. Alpha Dhabi's 2.0% decline was the day's steepest.
This article was created with AI assistance and reviewed by our Editorial staff before publication.
