Emirates Securities Market down by -0.11 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -0.11% to close at 4713.69 points. Accordingly the Market Capitalization has lost AED 0.83 billion attaining AED 764.62 billion. A total of 0.59 Billion Shares were traded with a total value of AED 0.65 billion during the trading session of 24-04-2016 through 6501 transactions.
The number of companies which has been traded is 71 out of 128 companies listed in the market. Shares for 36 companies were advanced, whereas shares for 28 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 102.34 million distributed over 59.23 Million Shares through 661 transactions. Hits Telecom Holding came at the second top of the most active companies with a trade value of AED 68.92 million distributed over 152.7 Million Shares through 1063 transactions.
National Cement shares has achieved the highest increase in the price which closed at AED 3.33 with 14.83% increase during the trading of 11 Thousand Shares with a trade value of AED 36.63 Thousand. Whereas Finance House shares Increased by 14.63% to close at AED 2.35 during the trading of 17.5 Thousand Shares with a trade value of AED 34.13 Thousand.
Sharjah Group has achieved the lowest decline by -10.00% to close at AED 1.35 during the trading of 10302 Shares with a trade value of AED 13.91 Thousand. Followed by Umm Al Qaiwain Cement which dropped by -9.64% to close at AED 0.75 during the trading of 904 Shares with a trade value of AED 678.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 10.13%, with a total accumulated trade value of AED 72.3 billion. The number of companies which has achieved a rise in its market price reached 71 out of the 128 listed companies whereas the declined ones are 35 companies.
As of 24-04-2016, the Energy sector index has the lead over the other indices, with highest increase of 23.8598% to settle at 88.2147compared to 71.2214 points by the end of last year. Followed by the Telecommunication sector index with an increase of 19.6% to settle at 3833.17 points. Followed by the Real estate sector index with an increase of 17.0% to settle at 5667.32 points. Followed by the Fin/Investment sector index with an increase of 14.9% to settle at 4100.09 points. Followed by the Services sector index with an increase of 10.7% to settle at 1538.09 points. Followed by the Consumer Staples sector index with an increase of 10.3% to settle at 2117.33 points. Followed by the Banks sector index with an increase of 3.12% to settle at 2970.78 points. Followed by the Transportation sector index with an increase of 1.91% to settle at 3396.58 points. Followed by the Industrials sector index with a decrease of -2.0% to settle at 952.365 points. Followed by the Insurance sector index with a decrease of -2.2% to settle at 1243.98 points.