Emirates Securities Market Index up by 0.48 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 0.48% to close at 4123.51 points. Accordingly the Market Capitalization has gained AED3.18 Billion attaining AED668.89 Billion. A total of 0.53 Billion Shares were traded with a total value of AED495.74 Million during the trading session of 15-02-2016 through 6280 transactions.
The number of companies which has been traded is 66 out of 128 companies listed in the market. Shares for 30 companies were advanced, whereas shares for 21 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 63.56 Million AED distributed over 113.33 Million Shares through 698 transactions. Manazel Real Estate – PVT came at the second top of the most active companies with a trade value of AED48.52 Million distributed over 85.6 Million Shares through 529 transactions.
Al Salam Bank – Sudan shares has achieved the highest increase in the price which closed at AED1.70 with 9.68% increase during the trading of 500 Shares with a trade value of AED850. Whereas International Fish Farming Company shares Increased by 6.92% to close at AED6.95 during the trading of 6696 Shares with a trade value of AED45.13 Thousand.
Abu Dhabi Ships Building has achieved the lowest decline by -8.67% to close at AED2.74 during the trading of 11.45 Thousand Shares with a trade value of AED33.2 Thousand. Followed by DANA Gas which dropped by -5.88% to close at AED0.48 during the trading of 52.75 Million Shares with a trade value of AED26.12 Million Since the beginning of the year, the percentage change in the Emirates Securities Market index has a decrease by -3.65%, with a total accumulated trade value of AED20.49 Billion. The number of companies which has achieved a rise in its market price reached 29 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 2.8978% to settle at 3297.17compared to 3204.32 points by the end of last year. Followed by the Consumer Staples sector index with a decrease of -2.2% to settle at 1875.36 points. Followed by the Industrials sector index with a decrease of -3.3% to settle at 939.361 points. Followed by the Insurance sector index with a decrease of -3.8% to settle at 1223.87 points. Followed by the Real estate sector index with a decrease of -3.9% to settle at 4649.56 points. Followed by the Services sector index with a decrease of -5.7% to settle at 1308.80 points. Followed by the Banks sector index with a decrease of -6.0% to settle at 2706.30 points. Followed by the Transportation sector index with a decrease of -8.0% to settle at 3065.17 points. Followed by the Energy sector index with a decrease of -8.8% to settle at 64.9000 points. Followed by the Fin/Investment sector index with a decrease of -11.0% to settle at 3141.26 points.