Abu Dhabi Securities Exchange Shows Mixed Trend with Positive Gains and Losses
Today, the Abu Dhabi Securities Exchange (ADX) is showing a mixed trend with 45 advances and 40 declines, resulting in an advance decline ratio of 1.12x. The ADX Caps index is also on the rise, gaining 1.08% and currently trading at 9,424.93 points.
The top gainers on the ADX today include Gulf Pharmaceutical Industries with a significant increase of 14.40%, followed by Burjeel Holdings Plc with a gain of 9.72% and National General Insurance Co. with a rise of 7.97%. On the other hand, the top losers are Abu Dhabi National Takaful Co. PJSC with a decline of 9.89%, Emirates Insurance Co. PSC with a drop of 9.88%, and Dubai Islamic Insurance & Reinsurance Co. with a decrease of 7.65%.
In terms of sectors, out of the 1 sector advancing today, the Abu Dhabi Securities Exchange is leading with a gain of 1.08%. This positive trend is reflected in the top large cap gainer, Burjeel Holdings Plc, with a significant increase of 9.72%. The top mid cap gainer is Al Seer Marine Supplies & Equipment Company PJSC with a rise of 1.44%, while the top small cap gainer is Gulf Pharmaceutical Industries with a gain of 14.40%.
On the other hand, the top large cap loser is Dubai Electricity & Water Authority with a decline of 1.85%, followed by Al Yah Satellite Communications Co. PJSC with a drop of 2.35% and Emirates Insurance Co. PSC with a decrease of 9.88%.
Overall, the ADX is showing a positive trend today, with the market currently trading at 9,424.93 points, gaining 100.80 points or 1.08%. Investors can keep an eye on the top gainers and sectors to make informed decisions in their trading activities.