Emirates Securities Market Report down by -1.05 %

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has decreased by -1.05% to close at 4485.89 points. Accordingly the Market Capitalization has lost AED 7.73 billion attaining AED 727.67 billion. A total of 1.04 billion Shares were traded with a total value of AED 1.3 billion during the trading session of 20-03-2016 through 11253 transactions.
The number of companies which has been traded is 64 out of 128 companies listed in the market. Shares for 29 companies were advanced, whereas shares for 27 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 AED 273.28 million distributed over 318.84 Million Shares through 2250 transactions. Arabtec Holding Company came at the second top of the most active companies with a trade value of AED 192.82 million distributed over 114.65 Million Shares through 1541 transactions.
International Fish Farming Company shares has achieved the highest increase in the price which closed at AED7.49 with 7.00% increase during the trading of 1000 Shares with a trade value of AED 7490. Whereas Abu Dhabi National Energy-TAQA shares Increased by 6.82% to close at AED 0.47 during the trading of 9.73 Million Shares with a trade value of AED 4.19 million.
Al Mazaya Holding has achieved the lowest decline by -10.00% to close at AED 1.53 during the trading of 5000 Shares with a trade value of AED 7650. Followed by Abu Dhabi Ships Building which dropped by -9.75% to close at AED 2.87 during the trading of 50 Shares with a trade value of AED 143.5.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 4.815%, with a total accumulated trade value of AED 50.95 billion. The number of companies which has achieved a rise in its market price reached 59 out of the 128 listed companies whereas the declined ones are 46 companies.
As of 20-03-2016, the Telecommunication sector index has the lead over the other indices, with highest increase of 12.3121% to settle at 3598.84compared to 3204.32 points by the end of last year. Followed by the Real estate sector index with an increase of 11.0% to settle at 5376.83 points. Followed by the Consumer Staples sector index with an increase of 8.75% to settle at 2086.64 points. Followed by the Fin/Investment sector index with an increase of 7.80% to settle at 3846.36 points. Followed by the Services sector index with an increase of 3.15% to settle at 1432.96 points. Followed by the Transportation sector index with an increase of 2.85% to settle at 3427.93 points. Followed by the Energy sector index with an increase of 1.07% to settle at 71.9874 points. Followed by the Industrials sector index with a decrease of -0.3% to settle at 969.131 points. Followed by the Banks sector index with a decrease of -1.2% to settle at 2845.98 points. Followed by the Insurance sector index with a decrease of -3.2% to settle at 1231.60 points.