Emirates Securities Market Index dives 1.36 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -1.36% to close at 4097.34 points. Accordingly the Market Capitalization has lost AED9.19 Billion attaining AED664.64 Billion. A total of 0.65 Billion Shares were traded with a total value of AED0.79 Billion during the trading session of 11-02-2016 through 8716 transactions.
The number of companies which has been traded is 70 out of 128 companies listed in the market. Shares for 9 companies were advanced, whereas shares for 51 companies were declined and the rest remained unchanged.
Emaar Properties came at the top of the most active companies with a trade value of AED133.52 Million distributed over 24.41 Million Shares through 1451 transactions. Damac Properties Dubai came at the second top of the most active companies with a trade value of AED89.64 Million distributed over 35.62 Million Shares through 796 transactions. Abu Dhabi National Insurance shares has achieved the highest increase in the price which closed at AED2.19 with 14.66% increase during the trading of 126 Thousand Shares with a trade value of AED221.64 Thousand. Whereas International Fish Farming Company shares Increased by 8.33% to close at AED6.50 during the trading of 3500 Shares with a trade value of AED22.38 Thousand.
Al Salam Group Holding has achieved the lowest decline by -10.00% to close at AED0.32 during the trading of 25 Thousand Shares with a trade value of AED7875. Followed by Commercial Bank of Dubai which dropped by -9.76% to close at AED5.55 during the trading of 7593 Shares with a trade value of AED42.14 Thousand. Since the beginning of the year, the percentage change in the Emirates Securities Market index has a decrease by -4.26%, with a total accumulated trade value of AED19.44 Billion. The number of companies which has achieved a rise in its market price reached 22 out of the 128 listed companies whereas the declined ones are 70 companies.
As of today the Telecommunication sector index has the lead over the other indices, with highest increase of 2.0991% to settle at 3271.58compared to 3204.32 points by the end of last year. Followed by the Insurance sector index with a decrease of -3.7% to settle at 1225.28 points. Followed by the Consumer Staples sector index with a decrease of -3.8% to settle at 1845.65 points. Followed by the Real estate sector index with a decrease of -5.4% to settle at 4576.68 points. Followed by the Banks sector index with a decrease of -6.0% to settle at 2707.37 points. Followed by the Services sector index with a decrease of -6.2% to settle at 1302.22 points. Followed by the Industrials sector index with a decrease of -6.8% to settle at 905.769 points. Followed by the Energy sector index with a decrease of -6.8% to settle at 66.3502 points. Followed by the Transportation sector index with a decrease of -9.0% to settle at 3032.00 points. Followed by the Fin/Investment sector index with a decrease of -13.% to settle at 3069.16 points.