Abu Dhabi Securities Exchange (ADX) sees positive movement with top sectors and companies gaining
The Abu Dhabi Securities Exchange (ADX) is showing positive movement today, with 1 sector advancing and 0 sectors declining. The top gaining sector is the Abu Dhabi Securities Exchange Caps, rising by 0.17%. This is reflected in the advance-decline ratio of 90 advances to 30 declines, with a ratio of 3.0x.
The top gainers on the ADX are Union Properties Ltd. with an impressive 31.36% increase, followed by Al Mal Capital REIT at 29.81% and Abu Dhabi National Co. for Building Materials at 23.81%. On the other hand, the top losers include Al Ramz Corp. Investment & Development PJSC with a decrease of 15.97%, Abu Dhabi National Takaful Co. PJSC with a decline of 14.77%, and ESG Emirates Stallions Group PJSC with a drop of 11.57%.
In terms of market capitalization, the top large cap gainer is Presight AI Holding PLC with a 23.81% increase, while the top mid cap gainer is Bayanat AI Plc with a 19.13% rise. The top small cap gainer is Union Properties Ltd. with a significant 31.36% increase. On the other hand, the top large cap loser is Ghitha Holding PJSC with a decrease of 10.90%, followed by Al Yah Satellite Communications Co. PJSC with a decline of 2.35% and ESG Emirates Stallions Group PJSC with a drop of 11.57%.
The ADX is currently trading at 10,064.81 with a gain of 17.06 points or 0.17%. This positive movement in the market can be attributed to the strong performance of the Abu Dhabi Securities Exchange Caps sector and the top gainers in the large, mid, and small cap categories. Investors can keep an eye on these sectors and companies for potential opportunities in the market.