Emirates Securities Market down by -0.10 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased
by -0.10% to close at 4709.13 points. Accordingly the Market Capitalization has lost AED 0.74 billion attaining AED 763.88 billion. A total of 0.51 Billion Shares were traded with a total value of AED 0.64 billion during the trading session of 25-04-2016 through 6891 transactions.
The number of companies which has been traded is 67 out of 128 companies listed in the market. Shares for 18 companies were advanced, whereas shares for 42 companies were declined and the rest remained unchanged.
Arabtec Holding Company came at the top of the most active companies with a trade value of AED 118.43 million distributed over 70.3 Million Shares through 969 transactions. Gulf Finance House came at the second top of the most active companies with a trade value of AED 83.01 million distributed over 92.88 Million Shares through 687 transactions.
Umm Al Qaiwain Cement shares has achieved the highest increase in the price which closed at AED 0.86 with 14.67% increase during the trading of 44.65 Thousand Shares with a trade value of AED 38.4 Thousand. Whereas Al Mazaya Holding shares Increased by 7.63% to close at AED 1.41 during the trading of 14.6 Thousand Shares with a trade value of AED 21.22 Thousand.
International Fish Farming Company has achieved the lowest decline by -9.88% to close at AED 6.93 during the trading of 1200 Shares with a trade value of AED 8390. Followed by AXA Green Crescent Insurance Company which dropped by -8.33% to close at AED 0.77 during the trading of 6000 Shares with a trade value of AED 4620. Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 10.03%, with a total accumulated trade value of AED 72.94 billion. The number of companies which has achieved a rise in its market price reached 68 out of the 128 listed companies whereas the declined ones are 39 companies. As of 25-04-2016, the Energy sector index has the lead over the other indices, with highest increase of 24.8205% to settle at 88.8989compared to 71.2214 points by the end of last year. Followed by the Telecommunication sector index with an increase of 19.8% to settle at 3841.27 points. Followed by the Real estate sector index with an increase of 15.9% to settle at 5610.70 points. Followed by the Fin/Investment sector index with an increase of 14.1% to settle at 4071.19 points. Followed by the Services sector index with an increase of 10.4% to settle at 1533.82 points. Followed by the Consumer Staples sector index with an increase of 9.35% to settle at 2098.14 points. Followed by the Banks sector index with an increase of 3.33% to settle at 2976.89 points. Followed by the Transportation sector index with an increase of 1.66% to settle at 3388.21 points. Followed by the Industrials sector index with a decrease of -2.0% to settle at 952.434 points. Followed by the Insurance sector index with a decrease of -2.5% to settle at 1240.95 points.