Key Highlights
- UAED, the Lunate S&P UAE UCITS ETF, traded AED 2.12m on 351,974 shares, 68.75 times its seven-day average volume, and closed 0.33% higher on the day; it is up 1.69% over the week from its 2026-09-21 base.
- TURKI, the Lunate S&P Turkey Shariah ETF, was the board's worst one-day performer at -4.08% on AED 207.9k, at 9.12 times its seven-day average volume; it is down 9.67% over the week from its 2026-09-18 base.
- USVALUE, the Lunate S&P US Shariah Value ETF, was the best ETF one-day performer at +0.97% on AED 66.4k.
- Exchange-wide turnover was AED 1.07bn across 101 active tickers, 14.4% lower than the previous session (2026-09-25, when AED 1.24bn traded).
- ALPHADHABI, Alpha Dhabi Holding PJSC, led large-cap gainers, closing 2.61% higher on AED 77.15m at 1.32 times its seven-day average volume.
- ALDAR, Al Dar Properties, carries AED 70.06m of net weekly buying pressure, the standout order-book reading among the large equities.
- ADX has joined the SWIFT network in a push for deeper global market access.
Market Overview
Monday's session on the Abu Dhabi Securities Exchange belonged, on the fund board, to UAED, the Lunate S&P UAE UCITS ETF. It traded AED 2.12m on 351,974 shares, 68.75 times its seven-day average volume of 5,120 shares, and accounted for the bulk of an ETF board that traded AED 3.19m in total. The fund closed 0.33% higher on the day and is up 1.69% over the week from its 2026-09-21 base, with AED 253.4k of net weekly buying pressure behind it.
The counterpoint is that the burst of activity in UAED sat within a soft session. Of the 19 ETFs measured against the immediately preceding session, 12 closed lower, 6 higher and 1 unchanged, with 2 further ETFs excluded for having no prior close. Exchange-wide turnover of AED 1.07bn was 14.4% lower than Friday's AED 1.24bn and 18.1% below the average of the 9 prior sessions in the feed. Equity breadth was similarly tilted, with 32 of 71 measured names lower against 26 higher.
ETFs
UAED's print is the genuine ETF event of the day: a name that averages 5,120 shares a session moved 351,974 on Monday, ranking first by value on the ETF board. The activity extends the elevated UAE-tracker trading flagged in Friday's Market Wrap, when UAEA and USVALUE were the funds trading well above normal. UAEA, the Lunate S&P UAE Shariah ETF, remained busy on Monday, trading AED 416.0k at 4.17 times its seven-day average volume, though it closed unchanged on the day and carries AED 279.6k of net weekly selling pressure, the opposite reading to its sister fund.
TURKI, the Lunate S&P Turkey Shariah ETF, was the board's weak spot. It fell 4.08% on AED 207.9k, at 9.12 times its seven-day average volume, and is down 9.67% over the week from its 2026-09-18 base, comfortably the largest weekly decline on the board. USVALUE, the Lunate S&P US Shariah Value ETF, was the best one-day performer at +0.97% on AED 66.4k, and carries AED 139.6k of net weekly buying pressure.
The technology-themed funds gave back part of last week's gains. AIPOWR, the Boreas S&P AI Data Power & Infrastructure UCITS ETF, fell 2.16% on AED 54.1k at 1.73 times its normal volume, and QUANTM, the Boreas Solactive Quantum Computing UCITS ETF, fell 1.28%, reversing Friday's rebound in US and tech trackers.
Further down the board, CHADX15, the Lunate FTSE ADX 15 ETF, slipped 0.53% on a thin AED 25.7k, at 0.051 times its average volume, yet still carries AED 1.80m of net weekly buying pressure, the sort of order-book depth a fund's daily print alone does not show. GRMNY, the Lunate S&P Germany UCITS ETF, was the thinnest name at 0.002 times its average on just AED 1.5k. On the week, 15 ETF names carry positive net pressure against 9 negative.
Equities
On the equity board, strength was concentrated rather than broad. ALPHADHABI, Alpha Dhabi Holding PJSC, closed 2.61% higher on AED 77.15m at 1.32 times its seven-day average volume, and is up 4.11% over the week from its 2026-09-21 base, though it carries AED 10.46m of net weekly selling pressure. ADNOCGAS, ADNOC Gas PLC, led the board by value at AED 164.44m and closed 0.30% higher. EAND, Emirates Telecommunications Group Company PJSC, gained 1.38% on AED 43.55m, and ADIB, Abu Dhabi Islamic Bank, rose 1.37% on AED 57.23m. NBF was the best one-day equity performer at +10.40%, though on only AED 260.2k.
The weak side was equally specific. WAHA, Waha Capital Company, fell 3.67% on AED 8.52m at 3.13 times its seven-day average volume, a genuine above-average print on the decline. SPACE42, Space42 PLC, dropped 3.06%, and IHC, International Holding Company PJSC, ended 1.73% lower and carries AED 40.76m of net weekly selling pressure, the counterweight to ALDAR, Al Dar Properties, which closed 0.49% higher and carries AED 70.06m of net weekly buying pressure. The exchange's SWIFT network connection, aimed at deeper global market access, is the structural item worth tracking against these order-book readings in coming 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.