Emirates Securities Market down by -0.96

33-35 copy

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -0.96% to close at 4459.88 points. Accordingly the Market Capitalization has lost AED 7.02 billion attaining AED 723.45 billion. A total of 421.12 Million Shares were traded with a total value of AED 376.46 million during the trading session of 03-04-2016 through 4439 transactions.
The number of companies which has been traded is 56 out of 128 companies listed in the market. Shares for 8 companies were advanced, whereas shares for 43 companies were declined and the rest remained unchanged.
Gulf Finance House came at the top of the most active companies with a trade value of AED 99.29 million distributed over 119.02 Million Shares through 792 transactions. Drake & Scull came at the second top of the most active companies with a trade value of AED 63.64 million distributed over 128.86 Million Shares through 735 transactions.
International Fish Farming Company shares has achieved the highest increase in the price which closed at AED 7.70 with 5.48% increase during the trading of 600 Shares with a trade value of AED 4055. Whereas Ooredoo Q.S.C. shares Increased by 4.29% to close at AED 85.00 during the trading of 56 Shares with a trade value of AED 4760.
Agthia Group has achieved the lowest decline by -6.26% to close at AED 7.19 during the trading of 21.05 Thousand Shares with a trade value of AED 150.86 Thousand. Followed by Abu Dhabi National Energy-TAQA which dropped by -6.12% to close at 0.46 during the trading of 10.38 Million Shares with a trade value of AED 4.83 million.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 4.207%, with a total accumulated trade value of AED 56.91 billion . The number of companies which has achieved a rise in its market price reached 55 out of the 128 listed companies whereas the declined ones are 49 companies. As of 03-0-2016, the Telecommunication sector index has the lead over the other indices, with highest increase of 16.2776% to settle at 3725.90compared to 3204.32 points by the end of last year. Followed by the Real estate sector index with an increase of 8.66% to settle at 5260.18 points. Followed by the Fin/Investment sector index with an increase of 5.68% to settle at 3770.50 points. Followed by the Consumer Staples sector index with an increase of 4.12% to settle at 1997.68 points. Followed by the Services sector index with an increase of 3.30% to settle at 1435.13 points. Followed by the Energy sector index with a decrease of -0.9% to settle at 70.5372 points. Followed by the Transportation sector index with a decrease of -1.6% to settle at 3278.57 points. Followed by the Insurance sector index with a decrease of -2.2% to settle at 1244.57 points. Followed by the Banks sector index with a decrease of -2.9% to settle at 2795.53 points. Followed by the Industrials sector index with a decrease of -4.4% to settle at 929.008 points.

Leave a Reply

Send this to a friend