Abu Dhabi Securities Exchange (ADX) sees positive movement with majority of companies and sectors performing well
The Abu Dhabi Securities Exchange (ADX) is showing positive movement today, with the index trading at 9,453.75 and a gain of 15.24 points or 0.16%. This is a reflection of the overall market sentiment, with 39 advances and 41 declines, resulting in an advance-decline ratio of 0.95x.
The top gainer in the large cap category is Ghitha Holding PJSC, with a significant increase of 11.57%. In the mid cap category, Bayanat AI Plc is leading with a gain of 2.68%, while Agthia Group PJSC is the top gainer in the small cap category with a rise of 6.93%. On the other hand, Aldar Properties PJSC is the top loser in the large cap category, with a decline of 3.33%, and Abu Dhabi Aviation Co. is the top loser in the small cap category, with a decrease of 2.78%.
The ADX Caps, which measures the performance of the top 10 companies listed on the exchange, is also on the rise, with a gain of 0.16%. This is a positive sign for investors, as it indicates a strong performance by the top companies in the market.
In terms of sectors, the ADX is showing a positive trend, with 1 sector advancing and 0 sectors declining. The top gaining sector is the Abu Dhabi Securities Exchange, with a rise of 0.16%. This is a reflection of the overall market sentiment, with the majority of companies in this sector showing positive movement.
Some of the top gainers in the ADX today include Aram Group Co. with an increase of 13.99%, Ghitha Holding PJSC with a gain of 11.57%, and Hayah Insurance Co. PJSC with a rise of 9.52%. On the other hand, SHUAA Capital PSC is the top loser with a decline of 6.40%, followed by Takaful Emarat PSC with a decrease of 5.94%, and Aldar Properties PJSC with a drop of 3.33%.
Overall, the ADX is showing a positive trend today, with the majority of companies and sectors performing well. This is a reflection of the strong economic growth and stability in Abu Dhabi, making it an attractive market for investors.