Abu Dhabi Securities Exchange Experiences Mixed Trend with 1 Sector Advancing and 1 Sector Declining
The market is seeing a mixed trend today, with 1 sector advancing and 1 sector declining out of a total of 1 sectors. The top losing sector is the Abu Dhabi Securities Exchange, which is down by 0.77%. This is reflected in the advance-decline ratio of 25 advances and 70 declines, with a ratio of 0.36x across the exchange.
The Abu Dhabi Securities Exchange Caps is also experiencing a decline of 0.77%. However, there are some bright spots in the market, with the top gainers being ESG Emirates Stallions Group PJSC, Al Khaleej Investment PSC, and Ghitha Holding PJSC, with gains of 11.31%, 6.58%, and 6.16% respectively.
On the other hand, the top losers in the market are National General Insurance Co., Oman Insurance Co., and Al Sagr National Insurance Co. PSC, with losses of 10.00%, 10.00%, and 9.88% respectively.
In terms of market capitalization, Ghitha Holding PJSC is the top large cap gainer, while Al Seer Marine Supplies & Equipment Company PJSC is the top mid cap gainer, and ESG Emirates Stallions Group PJSC is the top small cap gainer. On the other hand, First Abu Dhabi Bank PJSC is the top large cap loser, Al Yah Satellite Communications Co. PJSC is the top mid cap loser, and Abu Dhabi Aviation Co. is the top small cap loser.
Overall, the Abu Dhabi Securities Exchange is currently trading at 9,423.23, with a loss of -73.03 points or 0.77%. Investors are advised to closely monitor the market and make informed decisions based on the current trends and performance of different sectors and companies.