Smallcap Segment Sees Mixed Trend, Agthia Group PJSC Tops Performers, United Arab Bank PJSC Lags Behind

The market is seeing a mixed trend today, with the smallcap segment being the best performer and the worst performer. Agthia Group PJSC has shown a return of 2.91%, making it the top performer in this segment. On the other hand, United Arab Bank PJSC has seen a decline of -10.00%, making it the worst performer.

The advance decline ratio in this smallcap segment is currently at 1.4x, with 14 stocks advancing and 10 stocks declining. This indicates a slightly positive sentiment in the market.

In terms of technical calls, there have been some recent changes in the smallcap index. Abu Dhabi National Insurance Co. PSC has shifted from a mildly bullish to a bullish outlook, while RAK Properties PJSC has also moved from a mildly bullish to a bullish stance. However, United Arab Bank PJSC remains in a sideways to mildly bullish trend.

Overall, the market is showing a mix of positive and negative movements, with some stocks performing well and others facing declines. Investors should keep a close eye on the technical calls and market trends to make informed decisions.