Arab Today, arab today market cap falls to sr 135 trillion
Last Updated : GMT 04:33:33
Arab Today, arab today
Arab Today, arab today

Market cap falls to SR 1.35 trillion

Arab Today, arab today

Arab Today, arab today Market cap falls to SR 1.35 trillion

Jeddah - Arabstoday

The Tadawul All-Share Index (TASI), while reflecting a 5-day fall during the week, closed at 6,609.7 points last week, shedding 207.23 points or 3.04 percent for the entire week. The index making lower support levels plunged to a maximum of 215 points during the week. TASI\'s year-to-date gains shrank to three percent merely. The market capitalization of Saudi stock exchange reached to SR 1.35 trillion, decreasing by 2.81 percent from the previous week\'s value. All market cap indices ended the week in the downward territory. Overall weekly performance of sectoral indices remained negative as all closed in red except Transport, which advanced 0.83 percent to 4,630.93. Rest of the 14 sectors trimmed more than 2,100 points for the week. Real Estate Development and Agriculture sectors suffered the greatest amount of damages, turning down more than four percent in a week. Top ten heavyweights fell down for the second consecutive week, with Samba Financial Group dipping by 6.18 percent, SABB 4.52 percent and Saudi Arabia Fertilizers Co. (SAFCO) 3.76 percent. However, Saudi Electricity Co. closed the week without any change. Market breadth was unfavorable, as out of 155 stocks traded last week only 11 were able to manage a gain for the week. Furthermore, upside-downside volume ratio of 0.1:1 remained largely negative. Insurance companies led the weekly top gainer and loser charts at Tadawul, with Alalamiya Cooperative Insurance and ACE Arabia Cooperative Insurance, offsetting their performance by more than 16 percent positive-negative change. Weekly volume chart was led by Dar Al-Arkan Real Estate with trades of over 84 million shares. While, SABIC (Saudi Basic Industries Corp.) occupied the first position in term of value, reflecting a turnover of SR 2.5 billion. Most of the major benchmark indices at GCC stock markets ended the week in red. However, Kuwait Stock Exchange continued its upward march, rising one and half percent further. The benchmark GulfBase GCC General Index also closed the week lower at 3,847.91 points level, dropping nearly 53.62 points or 1.37 percent for the entire week.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today market cap falls to sr 135 trillion Arab Today, arab today market cap falls to sr 135 trillion

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives Algerian heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives Algerian heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 20:48 2017 Wednesday ,22 February

Dividend announcements drive Muscat bourse

GMT 16:56 2017 Wednesday ,22 February

Global gold prices drop

GMT 16:01 2017 Wednesday ,22 February

Tadawul edges down 0.2%

GMT 13:22 2017 Wednesday ,22 February

Canadian stock market closes at record high

GMT 11:50 2017 Wednesday ,22 February

Most Asia markets up as Hong Kong rebounds

GMT 20:52 2017 Tuesday ,21 February

Asia stocks consolidate recent gains; China shines

GMT 10:37 2017 Tuesday ,21 February

Most Asia markets up as rally presses ahead
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday