Arab Today, arab today market cap surges to sr 133 trillion
Last Updated : GMT 20:28:58
Arab Today, arab today
Arab Today, arab today

Market cap surges to SR 1.33 trillion

Arab Today, arab today

Arab Today, arab today Market cap surges to SR 1.33 trillion

Jeddah - Arabstoday

After two consecutive weeks of trading in the red, the Saudi stock market rebounded last week, recovering a few points merely. The Tadawul All-Share Index (TASI) ended the week in the green at 6,666.8 points, up 38.54 points or 0.58 percent, from its previous weekend close at 6,628.26 points. Its weekly trading range narrowed further to 80 points only as compared to previous week\'s 147 points. TASI\'s year-to-date gains improved slightly to 3.88 percent. Total market capitalization of Saudi stock exchange reached at SR1.33 trillion as compared to previous week\'s SR1.31 trillion, an increase of over one percent. Micro Cap performed well relatively as it posted a weekly growth of nearly 4 percent. The market breadth was in the favor of bulls as out of 155 stocks traded last week only 54 were able to close lower. Furthermore, upside-downside volume ratio of 1.9:1 remained largely positive. Nine out of Tadawul\'s fifteen sectors witnessed a positive weekly change, accumulating an aggregate of 478 points. Remaining six sectors closed in downward territory, paring an aggregate of 239 points for the entire week. The Insurance sector has been showing a volatile performance for the previous three weeks, flip-flopping in the top and worst positions consecutively. However, it performed well and occupied the top position last week, showing an increment of 8.05 percent, 1,181.31from 1,093.29. Saudi Telecom CO. and Saudi Arabia Fertilizers Co. (SAFCO) were major gainers among heavyweights, surging by 12.47 percent and 5.52 respectively. AMANA Insurance and Allied Insurance Group among all Saudi stocks turned in a splendid performance, topping the weekly gainers chart with a positive change of 60.2 percent and 34.8 percent respectively. Major benchmark indices at GCC stock markets ended the week with mild losses as they have been unable to gather any upward momentum. Dubai Financial Market (DFM) performed worst, declining by 1.7 percent for the week. The benchmark GulfBase GCC General Index ended the week at 3,775.59 points level, losing 5.51 points or 0.15 percent for the entire week. From arabsnews

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 surges to sr 133 trillion Arab Today, arab today market cap surges to sr 133 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 surges to sr 133 trillion Arab Today, arab today market cap surges to sr 133 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 Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
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 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
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 Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

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