Abu Dhabi Securities Exchange sees positive momentum with 0.45% gain and top performing sectors.
Today, the market is being driven by positive momentum as 1 sector advances while 0 sectors decline. The top gaining sector is the Abu Dhabi Securities Exchange, which is up by 0.45%. This is reflected in the advance-decline ratio of 49 advances to 39 declines, showing a ratio of 1.26x.
In terms of individual companies, the top large cap gainer is Dubai Financial Market PJSC, with a gain of 5.96%. This is followed by Gulf Navigation Holding PJSC, which is up by 0.51% in the mid cap category. The top small cap gainer is Amlak Finance PJSC, with an impressive gain of 14.58%.
On the other hand, the top large cap loser is Emaar Development PJSC, with a decline of 2.62%. In the mid cap category, Al Yah Satellite Communications Co. PJSC is down by 2.35%, while Easy Lease Motorcycle Rental PJSC is the top small cap loser with a decline of 2.61%.
The Abu Dhabi Securities Exchange is also seeing positive movement, with a rise of 0.45%. This is reflected in the top gainers list, with Amlak Finance PJSC leading the way with a gain of 14.58%. This is followed by Abu Dhabi Ship Building Co. with a gain of 13.47% and Dubai Refreshment Co Pjsc with a gain of 13.07%. On the other hand, the top losers list includes National Bank of Fujairah PJSC with a decline of 9.52%, Alliance Insurance PSC with a decline of 8.33%, and Eshraq Investments PJSC with a decline of 4.42%.
Overall, the Abu Dhabi Securities Exchange is trading at 9,734.99 with a gain of 43.50 points or 0.45%. With the positive momentum in the market today, investors can expect to see continued growth in the Abu Dhabi Securities Exchange.