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ABU DHABI / EMIRATES BUSINESS
The Emirates Securities Market Index has increased by 0.89% to close at 4480.72 points. Accordingly the Market Capitalization has gained AED 6.38 billion attaining AED 726.83 billion. A total of 0.98 Billion Shares were traded with a total value of AED 0.93 billion during the trading session of 07-04-2016 through 9887 transactions.
The number of companies which has been traded is 64 out of 128 companies listed in the market. Shares for 42 companies were advanced, whereas shares for 11 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 119.79 million distributed over 139.61 Million Shares through 978 transactions. Drake & Scull came at the second top of the most active companies with a trade value of AED 106.06 million distributed over 181.18 Million Shares through 1311 transactions.
National Industries Group shares has achieved the highest increase in the price which closed at AED 1.66 with 14.48% increase during the trading of 1000 Shares with a trade value of AED 1660. Whereas Drake & Scull shares Increased by 11.11% to close at AED 0.61 during the trading of 181.18 Million Shares with a trade value of AED 106.06 million.
International Fish Farming Company has achieved the lowest decline by -9.13% to close at AED 6.77 during the trading of 3700 Shares with a trade value of AED 25.12 Thousand. Followed by Fujairah Building Industries which dropped by -7.69% to close at AED 1.20 during the trading of 135 Shares with a trade value of AED 162. Since the beginning of the year, the percentage change in the Emirates Securities Market index has an increase by 4.694%, with a total accumulated trade value of AED 60.44 billion. The number of companies which has achieved a rise in its market price reached 62 out of the 128 listed companies whereas the declined ones are 44 companies.
As of 07-04-206, the Telecommunication sector index has the lead over the other indices, with highest increase of 13.9941% to settle at 3652.73compared to 3204.32 points by the end of last year. Followed by the Real estate sector index with an increase of 11.3% to settle at 5389.35 points. Followed by the Fin/Investment sector index with an increase of 10.5% to settle at 3944.56 points. Followed by the Energy sector index with an increase of 8.02% to settle at 76.9404 points. Followed by the Services sector index with an increase of 4.66% to settle at 1453.97 points. Followed by the Consumer Staples sector index with an increase of 3.82% to settle at 1991.92 points. Followed by the Transportation sector index with a decrease of -0.7% to settle at 3309.07 points. Followed by the Insurance sector index with a decrease of -1.7% to settle at 1251.23 points. Followed by the Banks sector index with a decrease of -2.3% to settle at 2813.98 points. Followed by the Industrials sector index with a decrease of -5.7% to settle at 916.520 points.