Widespread Selling Pressure Hits TASI as All Major Indices Decline and Number of Losing Stocks Rises
TASI fell 1.17% amid widespread selling; 240 stocks declined, only 17 rose. Liquidity focused on blue chips, signaling risk aversion.
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TASI fell 1.17% amid widespread selling; 240 stocks declined, only 17 rose. Liquidity focused on blue chips, signaling risk aversion.
Dubai market liquidity surged 36%, index rose to 6084 points, led by blue-chip gains, especially Mashreq Bank and Emaar stocks.
The Abu Dhabi Securities Exchange opened 2026 with a cautious tone, as selective liquidity concentrated on a handful of active stocks and the market displayed clear divergence in performance. The general index stood at 9,996.57 points with a slight change of 3.85 points (0.039%). Trading volume reached 31,875,275 shares over 1,942 transactions, with a total market capitalization of AED 3.01 trillion. Key gainers included Sudatel and Americana Restaurants, while TAQA and Abu Dhabi Ship Building led the decliners. The session reflected investor caution, with participants awaiting clearer trends before expanding positions.
Jordan's Q3 2025 GDP grew 2.8%, led by mining and manufacturing, as producer price contraction eased and economic stability continued.
Hong Kong stocks surged at 2026's start, led by tech gains, with Hang Seng up 1.6% and Baidu rising 6% after AI chip unit spinoff news.
Australian stocks opened 2026 steady as investors await inflation data; mining, banks up slightly, gold miners down, caution prevails.
Saudi TASI rose 0.56% to 10,549.08, led by broad gains. Aramco led by value; 218 stocks advanced, signaling early 2026 optimism.
Saudi TASI rose 0.48% to 10,540.69 as 2026 opened, with broad gains and strong trading in Abu Muti, Aramco, and Al Rajhi stocks.
Saudi TASI rose 1.05% to 10,490.69, with over SAR 3.2B traded. 249 stocks gained, 12 fell; strong liquidity signals improved market sentiment.
Dubai rose 0.53%, Abu Dhabi 0.29% in 2025's final session, led by blue-chips; both markets saw annual gains and investor focus on quality stocks.
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