The Saudi stock market continued its upward march and managed a third straight rise yesterday, adding nearly 26 points further. The Tadawul All-Share Index (TASI) jumped into the green territory earlier yesterday and spending entire session in the same region closed higher at 7,404.12 points, up 0.35 percent from its previous day close. It gained maximum 42 points during the session. On an YTD basis, TASI has accumulated more than six hundred points. Market cap indices closed the day in mixed territories. Six out of Tadawul's 15 sectors finished to the upside, showing a collection of 561.5 points. Agriculture & Food Industries sector remained at top showing an increase of 2.67 percent and closing at 7,814.66. Retail sector followed it, advancing 1.6 percent in a session. Banking sector added considerable 168 points, up more than one percent. On the negative side, nine sectors ended in red, trimming 296 points collectively. Insurance sector posted the largest losses, falling 1.75 percent to close at 1,220.80. Saudi Indian Company for Cooperative Insurance recorded the biggest losses, going down 6.7 percent. Most of heavyweights closed in green, with Kingdom Holding surging by 3.3 percent, Samba Financial Group 3.2 percent and SABB 2.4 percent. However, market breadth with advance-decline ratio of 0.35:1 remained negative. Almarai Co. came out as key gainer among all Saudi stocks, marching higher by 5.7 percent for the day. Market activity was high; more than SR6 billion were poured into the market. Trading volume was impressive, with 251 million shares changed hands in the market, a significant 16.5 percent growth over the previous level. The 50-day average for trading volume is closer to 220.6 million shares. But upside-downside volume ratio of 0.6:1 remained slightly negative. Source: ArabNews
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor