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Emirates Securities Market down by -1.56 percent

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ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -1.56% to close at 4458.28 points. Accordingly the Market Capitalization has lost AED 11.46 billion attaining AED 723.19 billion. A total of 0.5 Billion Shares were traded with a total value of AED 0.65 billion during the trading session of 03-05-2016 through 7769 transactions.
The number of companies which has been traded is 61 out of 128 companies listed in the market. Shares for 10 companies were advanced, whereas shares for 42 companies were declined and the rest remained unchanged.
Emaar Properties came at the top of the most active companies with a trade value of AED 82.23 million distributed over 12.79 Million Shares through 515 transactions. Arabtec Holding Company came at the second top of the most active companies with a trade value of AED 80.83 million distributed over 54.37 Million Shares through 787 transactions.
Oman & Emirates Investment Holding shares has achieved the highest increase in the price which closed at AED 1.29 with 14.16% increase during the trading of 15.02 Thousand Shares with a trade value of AED 19.37 thousand. Whereas International Fish Farming Company shares Increased by 12.90% to close at AED 7.70 during the trading of 100 Shares with a trade value of AED 770. Abu Dhabi National Insurance has achieved the lowest decline by -9.09% to close at AED 2.00 during the trading of 1073 Shares with a trade value of AED 2146. Followed by Dubai Financial Market which dropped by -8.39% to close at AED 1.31 during the trading of 26.51 Million Shares with a trade value of AED 35.2 million.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 4.170%, with a total accumulated trade value of AED 76.81 billion. The number of companies which has achieved a rise in its market price reached 58 out of the 128 listed companies whereas the declined ones are 49 companies. As of 03-05-2016, the Telecommunication sector index has the lead over the other indices, with highest increase of 17.9869% to settle at 3780.67compared to 3204.32 points by the end of last year. Followed by the Energy sector index with an increase of 15.7% to settle at 82.4141 points. Followed by the Services sector index with an increase of 8.60% to settle at 1508.70 points. Followed by the Real estate sector index with an increase of 8.03% to settle at 5229.77 points. Followed by the Consumer Staples sector index with an increase of 5.78% to settle at 2029.65 points. Followed by the Fin/Investment sector index with an increase of 1.44% to settle at 3619.24 points. Followed by the Transportation sector index with an increase of 0.40% to settle at 3346.22 points. Followed by the Industrials sector index with a decrease of -2.8% to settle at 944.102 points. Followed by the Banks sector index with a decrease of -4.0% to settle at 2763.39 points. Followed by the Insurance sector index with a decrease of -4.3% to settle at 1217.54 points.

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