Emirates Securities Market Report for the Trading Session of Thursday 02 September 2010

The Emirates Securities Market Index has increased by 0.26% to close at 2,439.63 points. Accordingly the Market Capitalization has gained 939.48 Million AED attaining 359.71 Billion AED. A total of 91.49 Million shares were traded with a total value of 190.72 Million AED during the trading session of Thursday 02 September 2010 through 2,015 transactions. The Industry sector has increased by 0.42% , followed by the Services sector that increased by 0.33% , followed by the Banks sector that increased by 0.18% , followed by the Insurance sector that increased by 0.06%.

The number of companies which has been traded is 50 out of 131 companies listed in the market. Shares for 27 companies were advanced, whereas shares for 7 companies were declined and the rest remained unchanged.

«Emaar Properties» came at the top of the most active companies with a trade value of 41.61 Million AED distributed over 12.57 Million shares through 319 transactions.«AL Dar Properties» shares followed by 40.34 Million AED distributed over 17.59 Million shares through 423 transactions.

«Global Investment» shares has achieved the highest increase in the price which closed at 0.987 AED with 12.41% increase during 50 shares traded with a trade value of 49 AED. Whereas «Gulf Navigation Holding» shares Increased by 3.84% to close at 0.514 AED during the trading of 1.54 Million shares traded value of 0.77 Million AED.

«Al Salam Bank - Sudan» has achieved the lowest decline by 9.69% to close at 1.77 AED during 31,000 shares traded with a trade value of 54,870 AED. Followed by «Takaful House» which dropped by 4.95% to close at 0.902 AED during the trading of 21,000 shares traded value of 19,018 AED.

Since the beginning of the year, the percentage change in the Emirates Securities Market index has declined by -11.98%, with a total accumulation trade value of 74.85 Billion AED. The number of companies which has achieved a rise in its market price reached 19 out of the 131 listed companies whereas the declined ones are 79 companies.

The Banks sector index has the lead over the other indices, with a declination of -7.50% since the end of last year to settle at 2,717 points.Whereas, the Industry sector index has declined by -11.39% to close at 303 points.Followed by the Services sector index with percentage of -15.17% to settle at 2,161 points.Followed by the Insurance sector index with percentage of -15.68% to settle at 2,791 points.


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