Emirates Securities Market up by 0.13 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 0.13% to close at 4436.25 points. Accordingly the Market Capitalization has gained AED 0.92 billion attaining AED 721.81 billion. A total of 423.83 Million Shares were traded with a total value of AED 0.57 billion during the trading session of 12-05-2016 through 5051 transactions.
The number of companies which has been traded is 69 out of 128 companies listed in the market. Shares for 24 companies were advanced, whereas shares for 35 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 AED 100.79 million distributed over 65.67 Million Shares through 724 transactions. Amanat Holding came at the second top of the most active companies with a trade value of AED 71.5 million distributed over 85.33 Million Shares through 24 transactions.
Abu Dhabi National Insurance shares has achieved the highest increase in the price which closed at AED 2.30 with 15.00% increase during the trading of 0.44 Million Shares with a trade value of AED 0.99 million. Whereas Abu Dhabi Ships Building shares Increased by 12.64% to close at AED 2.94 during the trading of 37.6 Thousand Shares with a trade value of AED 109.76 thousand. Fujairah Cement has achieved the lowest decline by -9.73% to close at AED 1.02 during the trading of 3162 Shares with a trade value of AED 3225.24. Followed by National Takaful which dropped by -9.26% to close at AED 0.98 during the trading of 70 Thousand Shares with a trade value of AED 68.6 thousand. Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 3.655%, with a total accumulated trade value of AED 80.05 billion. The number of companies which has achieved a rise in its market price reached 60 out of the 128 listed companies whereas the declined ones are 50 companies.
As of 12-05-2016, the Telecommunication sector index has the lead over the other indices, with highest increase of 15.0584% to settle at 3686.83compared to 3204.32 points by the end of last year. Followed by the Energy sector index with an increase of 9.95% to settle at 78.3088 points. Followed by the Real estate sector index with an increase of 9.11% to settle at 5282.22 points. Followed by the Services sector index with an increase of 7.66% to settle at 1495.74 points. Followed by the Consumer Staples sector index with an increase of 3.14% to settle at 1978.97 points. Followed by the Fin/Investment sector index with an increase of 2.19% to settle at 3646.18 points. Followed by the Transportation sector index with an increase of 1.19% to settle at 3372.63 points. Followed by the Insurance sector index with a decrease of -3.6% to settle at 1226.00 points. Followed by the Banks sector index with a decrease of -3.8% to settle at 2771.09 points. Followed by the Industrials sector index with a decrease of -5.3% to settle at 920.273 points.