Arab Today, arab today market cap rises to sr 14 trillion
Last Updated : GMT 21:48:36
Arab Today, arab today
Arab Today, arab today

Market cap rises to SR 1.4 trillion

Arab Today, arab today

Arab Today, arab today Market cap rises to SR 1.4 trillion

Jeddah - Arabstoday

After two consecutive weeks of trading in sideways, the Tadawul All-Share Index (TASI) took a sharp uplift last week, advancing more than 2.2 percent. The index continued pacing its way higher throughout the week to close in the green at 6,941.97 points, up 150.93 points, from its previous weekend close at 6,791.04 points. It performed in a trading range of 177 points for the week. On year-to-date basis, the TASI has achieved more than eight percent growth. The market capitalization of Saudi stock exchange increased by 2.56 percent to SR 1.41 trillion, surpassing the previous week’s level of SR 1.37 trillion. All market cap indices finished weekly trading in the positive district. Sectoral performance was tremendous, as 14 out of the 15 sectors closed in the upward territory, showing a collection of 1,754 points for the week. Multi-Investment turned in a splendid performance among sectoral indices, reflecting an increment of 220 points or 6.63 percent for the entire week to close at 3,538.28. Transport and Industrial Investment followed it, rising by 5 percent and 4.78 percent respectively. Only Energy & Utilities sector ended in red, trimming 139 point or 2.82 percent for the week. Most of heavyweights marched higher from previous week’s level, with Kingdom Holding surging by 9.68 percent, SABB 7.43 percent and Samba Financial Group 6.82 percent. The advancers easily outnumbered declining stocks on the Tadawul (market) last week as for 82 percent stocks that gained, 17 percent ended lower and 1 percent remained unchanged. Insurance stocks continued to dominate the market performance, filling the top gainers chart consecutively. Solidarity Takaful outdid rest of its peers, moving up 22.15 percent to close the week at SR 35.3. Tadawul weekly turnover improved further by 19.3 percent on value basis, 9.5 percent on volume basis and 6.24 percent in terms of executed transactions. More than 900 million shares worth SR 26.9 billion changed hands on the Saudi stock market. Furthermore, upside-downside volume ratio of 12.2:1 remained extremely strong. Most of the major benchmark indices at GCC stock markets ended the week in green. The benchmark GulfBase GCC General Index closed the week higher at 3,948.13 points level, adding 51.51 points or 1.32 percent for the entire week. Arabnews

arabstoday
arabstoday

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 rises to sr 14 trillion Arab Today, arab today market cap rises to sr 14 trillion

 



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 rises to sr 14 trillion Arab Today, arab today market cap rises to sr 14 trillion

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today China refuses visa to elderly India runner

GMT 15:01 2017 Tuesday ,26 September

China refuses visa to elderly India runner
Arab Today, arab today UAE to open its first nuclear reactor in 2018

GMT 19:11 2017 Tuesday ,26 September

UAE to open its first nuclear reactor in 2018
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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