Emirates Securities Market up by 0.81 percent

ABU DHABI / EMIRATES BUSINESS

The Emirates Securities Market Index has increased by 0.81% to close at 4688.75 points. Accordingly the Market Capitalization has gained AED 6.14 billion attaining AED 760.58 billion. A total of 1.11 Billion Shares were traded with a total value of AED 1.23 billion during the trading session of 19-04-2016 through 11539 transactions.
The number of companies which has been traded is 67 out of 128 companies listed in the market. Shares for 54 companies were advanced, whereas shares for 8 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 162.72 million distributed over 185.47 Million Shares through 1253 transactions. Abu Dhabi Islamic Bank came at the second top of the most active companies with a trade value of AED 89.67 million distributed over 19.16 Million Shares through 554 transactions.
National Corporation of Tourism shares has achieved the highest increase in the price which closed at AED 4.38 with 14.96% increase during the trading of 2000 Shares with a trade value of AED 8760. Whereas Islamic Arabic Insurance shares Increased by 14.40% to close at AED 0.56 during the trading of 149.97 Million Shares with a trade value of AED 80.27 million.
Abu Dhabi Ships Building has achieved the lowest decline by -4.05% to close at AED 2.84 during the trading of 2507 Shares with a trade value of AED 6891.9. Followed by Emaar Malls Group which dropped by -1.68% to close at AED 2.93 during the trading of 3 Million Shares with a trade value of AED 8.8 million.
Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 9.555%, with a total accumulated trade value of AED 69.51 billion. The number of companies which has achieved a rise in its market price reached 66 out of the 128 listed companies whereas the declined ones are 41 companies.
As of 19-04-2016, the Energy sector index has the lead over the other indices, with highest increase of 25.8960% to settle at 89.6649compared to 71.2214 points by the end of last year. Followed by the Telecommunication sector index with an increase of 18.4% to settle at 3794.61 points. Followed by the Fin/Investment sector index with an increase of 17.9% to settle at 4206.96 points. Followed by the Real estate sector index with an increase of 16.3% to settle at 5631.51 points. Followed by the Consumer Staples sector index with an increase of 9.46% to settle at 2100.19 points. Followed by the Services sector index with an increase of 7.72% to settle at 1496.46 points. Followed by the Banks sector index with an increase of 2.77% to settle at 2960.50 points. Followed by the Transportation sector index with an increase of 1.39% to settle at 3379.08 points. Followed by the Insurance sector index with a decrease of -2.1% to settle at 1246.19 points. Followed by the Industrials sector index with a decrease of -4.5% to settle at 927.791 points.