Abu Dhabi Securities Exchange Closes Higher, Driven by ADNOC and First Abu Dhabi Bank Stocks

Abu Dhabi | EcoPulse24

The Abu Dhabi Securities Exchange (ADX) ended today’s session on a positive note, as the FADGI general index climbed by 0.28% to close at 10,061 points. The market was buoyed by strong performances in energy and banking sectors, particularly ADNOC and First Abu Dhabi Bank.

Session Highlights:
- Trading value: Approximately AED 920 million
- Trading volume: Around 193 million shares
- Number of trades: About 13,900
- Market capitalization: Nearly AED 3.06 trillion

Top traded stocks by value:
- ADNOC Logistics & Services: Closed at AED 5.91 (+0.9%)
- International Holding Company (IHC): Stable at AED 399.6
- Alpha Dhabi Holding: Fell to AED 9.57 (-0.7%)
- First Abu Dhabi Bank: Rose to AED 17.80 (+1.3%)
- ADNOC Drilling: Up to AED 5.46 (+0.7%)

Most active stocks by volume:
- ADNOC Logistics & Services: About 23.3 million shares
- Borouge: 21.7 million shares at AED 2.63 (+0.8%)
- ADNOC Drilling: 13.8 million shares
- ADNOC Gas: 12.9 million shares at AED 3.52 (-0.6%)
- Waha Al Zaweya: 12.3 million shares at AED 1.81 (+2.3%)

Top gainers:
- Takaful: +14.9% to AED 5.01
- Sudatel: +13.6% to AED 0.46
- Union National Bank: +4.0% to AED 1.31
- Orascom Construction: +3.2% to AED 35
- Abu Dhabi Islamic Bank: +2.4% to AED 8.40

Top decliners:
- NBQ: -2.7% to AED 2.92
- Food Holding: -1.8% to AED 2.15
- Lulu: -1.7% to AED 1.14
- Aram: -1.6% to AED 2.39
- Hayat: -1.4% to AED 1.38

EcoPulse24 Analysis:
The market’s positive close reflects clear upward momentum, driven by ADNOC and banking sector stocks, with robust liquidity. Declines remained limited and did not affect the overall positive trend.