Emirates Securities Market down by -0.24 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -0.24% to close at 4677.63 points. Accordingly the Market Capitalization has lost AED 1.8 billion attaining AED 758.77 billion. A total of 0.7 Billion Shares were traded with a total value of AED 0.9 billion during the trading session of 20-04-2016 through 8272 transactions.
The number of companies which has been traded is 64 out of 128 companies listed in the market. Shares for 16 companies were advanced, whereas shares for 37 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 215.92 million distributed over 123.15 Million Shares through 1012 transactions. Gulf Finance House came at the second top of the most active companies with a trade value of AED 52.61 million distributed over 60.6 Million Shares through 415 transactions.
National Corporation of Tourism shares has achieved the highest increase in the price which closed at AED 5.00 with 14.16% increase during the trading of 1000 Shares with a trade value of AED 5000. Whereas Aman Insurance shares Increased by 6.13% to close at AED 0.66 during the trading of 9.08 Million Shares with a trade value of AED 5.9 million.
Foodco Holding has achieved the lowest decline by -9.90% to close at AED 3.55 during the trading of 2569 Shares with a trade value of AED 9119.95. Followed by Umm Al Qaiwain Cement which dropped by -9.88% to close at AED 0.73 during the trading of 4305 Shares with a trade value of AED 3142.65.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 9.295%, with a total accumulated trade value of AED 70.41 billion. The number of companies which has achieved a rise in its market price reached 67 out of the 128 listed companies whereas the declined ones are 40 companies. As of 20-04-2016, the Energy sector index has the lead over the other indices, with highest increase of 24.9353% to settle at 88.9807compared to 71.2214 points by the end of last year. Followed by the Telecommunication sector index with an increase of 19.4% to settle at 3828.25 points. Followed by the Fin/Investment sector index with an increase of 16.9% to settle at 4172.70 points. Followed by the Real estate sector index with an increase of 15.8% to settle at 5607.16 points. Followed by the Services sector index with an increase of 10.2% to settle at 1531.94 points. Followed by the Consumer Staples sector index with an increase of 9.68% to settle at 2104.47 points. Followed by the Banks sector index with an increase of 1.89% to settle at 2935.21 points. Followed by the Transportation sector index with an increase of 0.26% to settle at 3341.34 points. Followed by the Insurance sector index with a decrease of -2.2% to settle at 1244.55 points. Followed by the Industrials sector index with a decrease of -5.3% to settle at 920.579 points.