Abu Dhabi Securities Exchange Opens Steady with Energy and Banking Support Amid Selective Stock Declines

The Abu Dhabi Securities Exchange (ADX) opened today with a slight upward stability, showing limited movement in the general index, amid a balance between selective buying operations and selling pressures on some stocks, clearly supported by energy and banking shares.

The general index of the Abu Dhabi market recorded a level close to 9,961 points during the morning trading, achieving a slight increase of about 0.08%, with a gradual improvement in liquidity and an increase in the number of transactions compared to the beginning of the session.

Trading Summary and Indicators

• Trading Value: Exceeded 107 million dirhams
• Trading Volume: More than 31.4 million shares
• Number of Transactions: Approximately 2,040 transactions
• Market Capitalization: About 3.14 trillion dirhams

Leading and Active Stocks

• ADNOC Gas recorded an increase of about 0.29% with notable trading activity.
• BOROUGE rose by about 0.39% supported by selective demand.
• First Abu Dhabi Bank (FAB) remained unchanged.
• ADNOC Distribution and ADNOC Drilling experienced slight pressures during the morning session.

Top Gainers

• Gulf Cement (GCEM) rose by about 2.0%.
• MAIR increased by approximately 1.77%.
• GFH achieved gains of around 1.34%.
• DRIVE and E7 recorded increases of less than 1%.

Top Losers

• National Bank of Abu Dhabi (NBQ) led the losers with a sharp decline exceeding 6.7%.
• KICO fell by about 5.0%.
• HH declined by approximately 2.0%.
• SPACE42 and ADNHC recorded limited losses.

Market Outlook

The performance of the Abu Dhabi market at the session opening reflects a state of relative stability, with the continued leading role of energy stocks in supporting the index, against selective pressures on some banking and service stocks. Investors are awaiting market direction for the remainder of the session, especially with developments in global markets and energy prices, which remain a key factor in guiding trading.

The immediate trajectory of the market remains dependent on liquidity flows and the movement of leading stocks, particularly ADNOC companies and major banks, in a trading environment characterized by caution and selectivity.