Emirates Securities Market Index up by 1.90 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 1.90% to close at 4283.99 points. Accordingly the Market Capitalization has gained AED12.95 Billion attaining AED694.92 Billion. A total of 1.18 Billion Shares were traded with a total value of AED1.32 Billion during the trading session of 2016-02-22 through 12755 transactions.
The number of companies which has been traded is 68 out of 128 companies listed in the market. Shares for 54 companies were advanced, whereas shares for 9 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 AED136.97 Million distributed over 201.24 Million Shares through 1348 transactions. Amlak Finance Company came at the second top of the most active companies with a trade value of AED114.86 Million distributed over 86.52 Million Shares through 1180 transactions.
Takaful House shares has achieved the highest increase in the price which closed at AED0.47 with 9.30% increase during the trading of 0.45 Million Shares with a trade value of AED194.66 Thousand. Whereas «Union Cement Co» shares Increased by 9.09% to close at AED1.20 during the trading of 26.67 Thousand Shares with a trade value of AED32 Thousand.
Al Whathba Insurance has achieved the lowest decline by -10.00% to close at AED4.05 during the trading of 60 Shares with a trade value of AED243. Followed by Abu Dhabi Ships Building which dropped by -6.67% to close at AED2.80 during the trading of 50 Shares with a trade value of AED140.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 0.097%, with a total accumulated trade value of AED24.76 Billion. The number of companies which has achieved a rise in its market price reached 37 out of the 128 listed companies whereas the declined ones are 56 companies.
As of today the Telecommunication sector index has the lead over the other indices, with highest increase of 5.0693% to settle at 3366.75compared to 3204.32 points by the end of last year. Followed by the Real estate sector index with an increase of 1.80% to settle at 4928.10 points. Followed by the Consumer Staples sector index with an increase of 0.59% to settle at 1930.02 points. Followed by the Transportation sector index with a decrease of -1.5% to settle at 3282.11 points. Followed by the Industrials sector index with a decrease of -1.8% to settle at 954.131 points. Followed by the Banks sector index with a decrease of -2.4% to settle at 2810.56 points. Followed by the Energy sector index with a decrease of -2.8% to settle at 69.1688 points. Followed by the Services sector index with a decrease of -3.1% to settle at 1344.95 points. Followed by the Fin/Investment sector index with a decrease of -3.2% to settle at 3450.38 points. Followed by the Insurance sector index with a decrease of -3.7% to settle at 1224.68 points.