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ABU DHABI / EMIRATES BUSINESS
The Emirates Securities Market Index has increased by 3.03% to close at 4095.68 points. Accordingly the Market Capitalization has gained 19.52 Billion AED attaining 664.37 Billion AED. A total of 0.88 Billion Shares were traded with a total value of 1.11 Billion AED during the trading session of 2016-01-31 through 11591 transactions.
The number of companies which has been traded is 68 out of 128 companies listed in the market. Shares for 60 companies were advanced, whereas shares for 8 companies were declined and the rest remained unchanged.
Arabtec Holding Company came at the top of the most active companies with a trade value of 116.32 Million AED distributed over 95.96 Million Shares through 1249 transactions. Emaar Properties came at the second top of the most active companies with a trade value of 111.87 Million AED distributed over 21.9 Million Shares through 1231 transactions.
Abu Dhabi National Hotels shares has achieved the highest increase in the price which closed at 2.85 AED with 14.00% increase during the trading of 2000 Shares with a trade value of 5700 AED. Whereas Commercial Bank International shares Increased by 13.81% to close at 2.39 AED during the trading of 69.56 Thousand Shares with a trade value of 147.53 Thousand AED.
Gulf Medical has achieved the lowest decline by -8.33% to close at 2.20 AED during the trading of 23.03 Thousand Shares with a trade value of 50.66 Thousand AED. Followed by Invest Bank which dropped by -5.88% to close at 1.60 AED during the trading of 0.95 Million Shares with a trade value of 1.54 Million AED.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has a decrease by -4.30%, with a total accumulated trade value of 12.71 Billion AED . 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 67 companies.
As of today the Telecommunication sector index has the lead over the other indices, with highest increase of 1.1059% to settle at 3239.75compared to 3204.32 points by the end of last year. Followed by the Services sector index with a decrease of -2.5% to settle at 1353.28 points. Followed by the Insurance sector index with a decrease of -2.9% to settle at 1235.36 points. Followed by the Consumer Staples sector index with a decrease of -3.4% to settle at 1852.88 points. Followed by the Industrials sector index with a decrease of -3.8% to settle at 934.546 points. Followed by the Banks sector index with a decrease of -5.1% to settle at 2733.16 points. Followed by the Fin/Investment sector index with a decrease of -8.2% to settle at 3273.33 points. Followed by the Real estate sector index with a decrease of -8.3% to settle at 4435.75 points. Followed by the Transportation sector index with a decrease of -8.5% to settle at 3047.53 points. Followed by the Energy sector index with a decrease of -12.% to settle at 62.3570 points.