Emirates Securities Market index up by 0.16 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 0.16% to close at 4168.24 points. Accordingly the Market Capitalization has gained AED1.09 Billion attaining AED 676.14 Billion. A total of 454.37 Million Shares were traded with a total value of AED0.52 Billion during the trading session of 17-02-2016 through 5465 transactions.
The number of companies which has been traded is 66 out of 128 companies listed in the market. Shares for 34 companies were advanced, whereas shares for 24 companies were declined and the rest remained unchanged.
Gulf Navigation Holding came at the top of the most active companies with a trade value of AED53.04 Million distributed over 59.92 Million Shares through 276 transactions. Dubai Investment came at the second top of the most active companies with a trade value of AED49.4 Million distributed over 28.36 Million Shares through 401 transactions.
Abu Dhabi National Insurance shares has achieved the highest increase in the price which closed at AED2.30 with 15.00% increase during the trading of 12.1 Thousand Shares with a trade value of AED27.52 Thousand. Whereas National Industries Group shares Increased by 14.48% to close at AED1.66 during the trading of 50 Shares with a trade value of AED83.
United Arab Bank has achieved the lowest decline by -9.85% to close at AED4.30 during the trading of 50 Shares with a trade value of AED215. Followed by Al Dharfra Insurance Co which dropped by -8.33% to close at AED4.40 during the trading of 892 Shares with a trade value of AED3924.8.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has a decrease by -2.60%, with a total accumulated trade value of AED21.76 Billion. The number of companies which has achieved a rise in its market price reached 30 out of the 128 listed companies whereas the declined ones are 63 companies.
As of today the Telecommunication sector index has the lead over the other indices, with highest increase of 2.9402% to settle at 3298.53compared to 3204.32 points by the end of last year. Followed by the Consumer Staples sector index with a decrease of -1.1% to settle at 1896.94 points. Followed by the Insurance sector index with a decrease of -2.1% to settle at 1245.30 points. Followed by the Real estate sector index with a decrease of -2.5% to settle at 4715.20 points. Followed by the Industrials sector index with a decrease of -4.0% to settle at 933.106 points. Followed by the Banks sector index with a decrease of -4.5% to settle at 2749.13 points. Followed by the Services sector index with a decrease of -5.5% to settle at 1311.47 points. Followed by the Transportation sector index with a decrease of -6.6% to settle at 3111.36 points. Followed by the Energy sector index with a decrease of -7.9% to settle at 65.5843 points. Followed by the Fin/Investment sector index with a decrease of -10.% to settle at 3192.04 points.