Emirates Securities Market Index up by 1.04 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 1.04% to close at 4210.71 points. Accordingly the Market Capitalization has gained AED7 Billion attaining AED683.03 Billion. A total of 0.84 Billion Shares were traded with a total value of AED0.99 Billion during the trading session of 18-02-2016 through 9380 transactions.
The number of companies which has been traded is 63 out of 128 companies listed in the market. Shares for 45 companies were advanced, whereas shares for 10 companies were declined and the rest remained unchanged. Emaar Properties came at the top of the most active companies with a trade value of AED98.62 Million distributed over 17.33 Million Shares through 636 transactions. First Gulf Bank came at the second top of the most active companies with a trade value of AED81.16 Million distributed over 6.75 Million Shares through 241 transactions.
AXA Green Crescent Insurance Company shares has achieved the highest increase in the price which closed at AED1.15 with 9.52% increase during the trading of 1000 Shares with a trade value of AED1150. Whereas Abu Dhabi National Building – BILDCO shares Increased by 7.69% to close at AED0.42 during the trading of 90.95 Thousand Shares with a trade value of AED38.2 Thousand. Al Buhaira National Insurance has achieved the lowest decline by -10.00% to close at AED2.43 during the trading of 5000 Shares with a trade value of AED12.15 Thousand. Followed by Al Salam Group Holding which dropped by -8.79% to close at AED0.36 during the trading of 160 Thousand Shares with a trade value of AED57.98 Thousand.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has a decrease by -1.61%, with a total accumulated trade value of AED22.75 Billion. The number of companies which has achieved a rise in its market price reached 28 out of the 128 listed companies whereas the declined ones are 64 companies.
As of today the Telecommunication sector index has the lead over the other indices, with highest increase of 3.2624% to settle at 3308.85compared to 3204.32 points by the end of last year. Followed by the Real estate sector index with a decrease of -0.7% to settle at 4803.17 points. Followed by the Consumer Staples sector index with a decrease of -1.6% to settle at 1887.78 points. Followed by the Insurance sector index with a decrease of -3.3% to settle at 1230.15 points. Followed by the Banks sector index with a decrease of -3.5% to settle at 2779.80 points. Followed by the Industrials sector index with a decrease of -3.8% to settle at 934.669 points. Followed by the Transportation sector index with a decrease of -4.8% to settle at 3171.72 points. Followed by the Services sector index with a decrease of -4.9% to settle at 1320.78 points. Followed by the Energy sector index with a decrease of -5.9% to settle at 66.9527 points. Followed by the Fin/Investment sector index with a decrease of -7.8% to settle at 3286.55 points.