Emirates Securities Market Report down by -0.42%

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -0.42% to close at 4491.06 points. Accordingly the Market Capitalization has lost AED 3.04 billion attaining AED 728.51 billion. A total of 0.83 Billion Shares were traded with a total value of AED 1.13 billion during the trading session of 13-03-2016 through 9679 transactions.
The number of companies which has been traded is 67 out of 128 companies listed in the market. Shares for 30 companies were advanced, whereas shares for 28 companies were declined and the rest remained unchanged.
Dubai Parks & Resorts PJSC came at the top of the most active companies with a trade value of AED 204.55 million distributed over 148.35 Million Shares through 1233 transactions. Arabtec Holding Company came at the second top of the most active companies with a trade value of AED 138.51 million distributed over 79.8 Million Shares through 1092 transactions.
United Foods shares has achieved the highest increase in the price which closed at AED 7.24 with 14.92% increase during the trading of 306.03 Thousand Shares with a trade value of AED 2.22 million. Whereas International Fish Farming Company shares Increased by 14.29% to close at AED 8.00 during the trading of 1050 Shares with a trade value of AED 8390.
Fujairah Building Industries has achieved the lowest decline by -6.43% to close at AED 1.60 during the trading of 468 Shares with a trade value of AED 748.8. Followed by Abu Dhabi Commercial Bank which dropped by -5.99% to close at AED 6.90 during the trading of 2.86 Million Shares with a trade value of AED 19.73 million. Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 4.936%, with a total accumulated trade value of AED 44.87 billion. The number of companies which has achieved a rise in its market price reached 61 out of the 128 listed companies whereas the declined ones are 42 companies.
As of 13-03-2016, the Telecommunication sector index has the lead over the other indices, with highest increase of 11.6261% to settle at 3576.85compared to 3204.32 points by the end of last year. Followed by the Consumer Staples sector index with an increase of 10.7% to settle at 2124.71 points. Followed by the Real estate sector index with an increase of 10.1% to settle at 5330.75 points. Followed by the Fin/Investment sector index with an increase of 9.94% to settle at 3922.75 points. Followed by the Services sector index with an increase of 3.04% to settle at 1431.52 points. Followed by the Energy sector index with an increase of 1.19% to settle at 72.0691 points. Followed by the Transportation sector index with an increase of 0.73% to settle at 3357.18 points. Followed by the Banks sector index with a decrease of -0.3% to settle at 2871.07 points. Followed by the Industrials sector index with a decrease of -0.6% to settle at 965.436 points. Followed by the Insurance sector index with a decrease of -4.3% to settle at 1218.03 points.