Abu Dhabi Securities Exchange sees positive trend with gains in large and small cap companies

The Abu Dhabi Securities Exchange (ADX) is showing a positive trend today, with the index trading at 9,667.26 and a gain of 0.79 points or 0.01%. The advance-decline ratio across the exchange is at 0.86x, with 38 advances and 44 declines.

The ADX Caps index is also on the rise, increasing by 0.01%. Among the top gainers on the exchange are Insurance House PSC with a significant increase of 14.52%, followed by National Cement Co. with a gain of 5.90%, and Dubai Refreshment Co Pjsc with a rise of 5.76%. On the other hand, the top losers on the exchange include National General Insurance Co. with a decline of 9.64%, Alliance Insurance PSC with a drop of 8.33%, and Phoenix Group Plc with a decrease of 4.55%.

Out of the 1 sector advancing today, the Abu Dhabi Securities Exchange is leading with a gain of 0.01%. This positive trend is reflected in the top large cap gainer, Salik Co. PJSC, with an increase of 2.32%. The top mid cap gainer is Gulf Navigation Holding PJSC, rising by 2.04%, and the top small cap gainer is Palms Sports PJSC with a gain of 5.41%. However, the top large cap loser is Phoenix Group Plc with a decline of 4.55%, followed by Al Yah Satellite Communications Co. PJSC with a drop of 2.35%, and Emirates Reem Investments PJSC with a decrease of 1.67%.

Overall, the market is being driven by the positive performance of the Abu Dhabi Securities Exchange, with gains seen in both large and small cap companies. Investors are keeping a close eye on the exchange as it continues to show a positive trend.