The Abu Dhabi Securities Exchange showed remarkable resilience at the close of trading on Monday, managing to ignore the anxiety caused by escalating geopolitical tensions in the Middle East region, and ending the session in the green.
According to trading data, the Abu Dhabi Securities Exchange index closed up by 0.257%, adding 24.64 points to its balance and settling at 9625.19 points.
The session witnessed remarkable operational activity, with the total value of trades reaching AED 817 million, distributed across a trading volume of 397.798 million shares, executed through 16.792 transactions covering various listed sectors.
The market capitalization of Abu Dhabi Securities Exchange shares rose by 11 billion dirhams, reaching 2.782 trillion dirhams at the close of trading today, compared to 2.771 trillion dirhams recorded at the end of last Friday, achieving a growth of 0.397%.
Today’s market trading included 129 companies, with the green color prevailing in the performance of stocks, with 48 stocks rising, compared to 46 stocks declining, while 35 companies maintained their previous closing levels without change.
Umm Al Quwain General Investments topped the list of the most rising stocks at the close of trading today with a percentage of 7.246%, followed by Abu Dhabi National Building Materials Company, whose stock rose by a percentage of 6.897%.
NMD Energy also recorded growth of 4.527%, Ras Al Khaimah White Cement and Construction Materials shares rose by 4.059%, while Arab United Bank shares closed higher by 3.008%.
In contrast, Ooredoo topped the list of the biggest losers at the close of trading today with a 5% decline, followed by Dar Al Takaful with a 4.918% decline.
Shares of Gulf Investment also fell by 4.909%, shares of Al Buhaira National Insurance Company fell by 4.887%, while shares of Rabco Investment recorded a decline of 4.545%.
Five leading stocks accounted for approximately 42.7% of the total value of trading on the Abu Dhabi Securities Exchange, which amounted to AED 817 million at the close of trading today.
Alpha Abu Dhabi Holding's stock topped the list with a value of 12.08% and a value of 98.709 million dirhams, followed by International Holding's stock with a value of 9.31% and a value of 76.067 million dirhams.
Aldar Properties came in third with 8.51% and a value of AED 69.554 million, followed by E&P Group with 6.40% and a value of AED 52.318 million, and Abu Dhabi Commercial Bank came in fifth with 6.37% and a trading value of AED 52.065 million.
Five stocks accounted for approximately 49.24% of the total trading volume of the Abu Dhabi Securities Exchange, which amounted to 397.798 million shares at the close of trading today.
Investment Bank topped the list with 35.80% and a volume of 142.409 million shares, followed by Buruj shares with 4.78% and a volume of 19.003 million shares.
Alpha Abu Dhabi Holding came in third with a percentage of 3.48% and a volume of 13.858 million shares, followed by Dana Gas with a percentage of 3.00% and a volume of 11.918 million shares, and Aldar Properties came in fifth with a percentage of 2.18% and a trading volume of 8.680 million shares.
The Abu Dhabi Securities Exchange (ADX) sectors showed almost across-the-board positive performance at the close of trading today, with the utilities sector leading the gains at 2.62%, followed by the healthcare sector at 1.64%. The real estate sector also recorded growth of 1.25%, and the energy sector rose by 0.98%.
The remaining sectors continued their upward trend, with the industrial sector rising by 0.93% and the basic materials sector by 0.90%. The consumer goods sector increased by 0.40%, the technology sector by 0.38%, while the financial sector grew by 0.25% and the telecommunications sector by 0.18%. Conversely, the discretionary consumer sector was the only one to decline, falling by 0.33%.
The Abu Dhabi Securities Exchange witnessed a large transaction today involving shares of Mir Group, with 84.117 million shares traded for a total value of AED 85.799 million. The transaction was executed at a price of AED 1.02 per share, higher than the previous closing price of AED 1.01.
