Emirates Securities Market up by 0.30 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 0.30% to close at 4650.89 points. Accordingly the Market Capitalization has gained AED 2.26 billion attaining AED 754.43 billion. A total of 0.71 Billion Shares were traded with a total value of AED 1.03 billion during the trading session of 18-04-2016 through 9363 transactions.
The number of companies which has been traded is 67 out of 128 companies listed in the market. Shares for 29 companies were advanced, whereas shares for 34 companies were declined and the rest remained unchanged.
Emaar Properties came at the top of the most active companies with a trade value of AED 123.61 million distributed over 18.93 Million Shares through 757 transactions. Arabtec Holding Company came at the second top of the most active companies with a trade value of AED 98.65 million distributed over 58.57 Million Shares through 737 transactions.
Abu Dhabi Ships Building shares has achieved the highest increase in the price which closed at AED 2.96 with 9.63% increase during the trading of 250 Shares with a trade value of AED 719. Whereas Mashreq Bank shares Increased by 5.06% to close at AED 83.00 during the trading of 53.48 Thousand Shares with a trade value of AED 4.24 million.
National Marine Dredging Co has achieved the lowest decline by -9.86% to close at AED 5.30 during the trading of 117.31 Thousand Shares with a trade value of AED 0.62 million. Followed by Agility which dropped by -9.72% to close at AED 11.15 during the trading of 100 Shares with a trade value of AED 1115.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 8.670%, with a total accumulated trade value of AED 68.28 billion. The number of companies which has achieved a rise in its market price reached 67 out of the 128 listed companies whereas the declined ones are 41 companies.
As of 18-04-2016, the Energy sector index has the lead over the other indices, with highest increase of 20.0172% to settle at 85.4779compared to 71.2214 points by the end of last year. Followed by the Telecommunication sector index with an increase of 18.5% to settle at 3797.76 points. Followed by the Fin/Investment sector index with an increase of 16.7% to settle at 4166.08 points. Followed by the Real estate sector index with an increase of 15.7% to settle at 5602.34 points. Followed by the Consumer Staples sector index with an increase of 9.85% to settle at 2107.62 points. Followed by the Services sector index with an increase of 4.62% to settle at 1453.46 points. Followed by the Banks sector index with an increase of 1.44% to settle at 2922.18 points. Followed by the Transportation sector index with an increase of 0.51% to settle at 3349.96 points. Followed by the Insurance sector index with a decrease of -3.0% to settle at 1233.91 points. Followed by the Industrials sector index with a decrease of -6.0% to settle at 913.144 points.