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ABU DHABI / EMIRATES BUSINESS
The Emirates Securities Market Index has increased by 0.46% to close at 4503.17 points. Accordingly the Market Capitalization has gained AED 3.32 billion attaining AED 730.47 billion. A total of 0.53 Billion Shares were traded with a total value of AED 0.69 billion during the trading session of 2016-03-31 through 7108 transactions.
The number of companies which has been traded is 63 out of 128 companies listed in the market. Shares for 34 companies were advanced, whereas shares for 18 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 96.12 million distributed over 16.12 Million Shares through 625 transactions. AL Dar Properties came at the second top of the most active companies with a trade value of AED 46.93 million distributed over 17.2 Million Shares through 340 transactions.
RAK White Cement shares has achieved the highest increase in the price which closed at AED 1.33 with 10.83% increase during the trading of 25.11 Thousand Shares with a trade value of AED 31.86 Thousand. Whereas Ooredoo Q.S.C. shares Increased by 8.67% to close at AED 81.50 during the trading of 456 Shares with a trade value of AED 37.16 Thousand.
Union Cement Co has achieved the lowest decline by -9.68% to close at AED 1.12 during the trading of 5000 Shares with a trade value of AED 5600. Followed by Oasis Capital which dropped by -9.36% to close at AED 2.13 during the trading of 1.8 Million Shares with a trade value of AED 3.84 million.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 5.218%, with a total accumulated trade value of AED 56.53 billion. The number of companies which has achieved a rise in its market price reached 57 out of the 128 listed companies whereas the declined ones are 45 companies.
As of 31-03-2016, Telecommunication sector index has the lead over the other indices, with highest increase of 16.4175% to settle at 3730.39compared to 3204.32 points by the end of last year. Followed by the Real estate sector index with an increase of 10.6% to settle at 5357.26 points. Followed by the Fin/Investment sector index with an increase of 6.94% to settle at 3815.74 points. Followed by the Consumer Staples sector index with an increase of 6.83% to settle at 2049.83 points. Followed by the Services sector index with an increase of 3.70% to settle at 1440.73 points. Followed by the Energy sector index with an increase of 2.99% to settle at 73.3558 points. Followed by the Transportation sector index with a decrease of -1.0% to settle at 3296.71 points. Followed by the Banks sector index with a decrease of -1.9% to settle at 2824.05 points. Followed by the Insurance sector index with a decrease of -2.1% to settle at 1244.98 points. Followed by the Industrials sector index with a decrease of -3.3% to settle at 939.653 points.