Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Stocks of transport companies surge  Join our daily free Newsletter

MENAFN - Arab News - 09/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The Saudi stock market continued its positive movement, marking another gain of 0.94 percent Sunday.
The Tadawul All-Share Index (TASI) jumped into the green territory earlier Sunday and spending entire session in the same region closed higher at 8,321.33 points, up nearly 77.59 points from its previous close.
On year-to-date basis, the index showed a collection of 1,520 points. All market cap indices showed modest gains.
Sectoral performance was tremendous, as 14 out of the Tadawul's fifteen sectors closed in the upward zone, accumulating an aggregate of 1,020.67 points. Only Hotel & Tourism sector could not manage for gains, going down one and half percent for the day.
Transport sector stepped up to occupy the top position at Tadawul, surging 225.64 points or 3.69 percent to close at 6,343.68. Agriculture and Industrial Investment were other significant advancing sectors, closing up by 1.94 percent and 1.47 percent respectively.
Top ten heavyweights rose from previous day's levels, with SABB advancing by 1.23 percent, bellwether SABIC (Saudi Basic Industries Corp.) 1.16 percent and Riyad Bank 1.06 percent.
There were 115 net advancing issues, a largely strong market breadth.
Saudi Public Transport Co. led the top gainers chart at Tadawul, soaring up more than seven percent and closing at SR25.7.
Tadawul total volume set sold approximately 152 million shares, a slight decrease from previous day level. The 50-day average for trading volume is closer to 175 million shares.
Liquidity rose a little to SR4.1 billion, an increase of 5.4 percent from the previous level but still it was 12.6 percent lower than 50-day average. All most active stocks closed in green

 






  MENA News Headlines
 Jul 24 2014 - Kuwait- His Highness the Crown Prince receives senior officialsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received, at Seif Palace on Wednesday, former National Assembly Speaker Jassem ...

 Jul 24 2014 - Kuwait oil up 87 cents to USD 105.65 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The price of Kuwaiti crude oil went up 87 cents to USD 105.65 per barrel (pb) on Tuesday against USD 104.78 pb the day before, the Kuwait Petroleum Corporation ...

 Jul 24 2014 - Kuwait invests USD 17 bln in environmental fuel projectKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait is investing over USD 17 billion (KD 4.6 billion) to develop oil refineries as part of the "environmental fuel" project to be launched in 2018.The project, ...

 Jul 24 2014 - Saudi PIF to establish new companiesMENAFN
(MENAFN) Saudi Arabia's Public Investment Fund (PIF) plans to invest in establishing new companies of several sectors, mainly housing, petrochemicals, and technology as part of its plan to expand ...

 Jul 24 2014 - Kuwait- Al-Ghanim urges parliaments to work together on stopping Israeli aggressionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Arab Inter-Parliamentary Union (AIPU) chief Marzouq Al-Ghanim called on international parliaments, particularly those from Security Council permanent member ...

 Jul 24 2014 - Kuwait- His Highness the PM receives "Journey of Hope" membersKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah received at Seif Palace Wednesday Head of the "Journey of Hope", Advisor at the ...

 Jul 24 2014 - Kuwait- His Highness The Amir receives several Islamic scholars, ministerKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received the Minister of Information and State Minister for Youth Sheikh Salman Sabah Salem ...

 Jul 24 2014 - Kuwait invests 17 bln in environmental fuel projectArab Times
(MENAFN - Arab Times) WAIT CITY July 23 (KUNA): Kuwait is investing over $17 billion (KD 4.6 billion) to develop oil refineries as part of the 'environmental fuel' project to be launched in 2018. The ...

 Jul 24 2014 - No dream job: Khartoum's walking department storeArab News
(MENAFN - Arab News) The Sudanese man with an armful of battery-powered wall clocks pushes one through the taxi's open window. His head follows.'For you a good price" he tells the passenger. 'How ...

 Jul 24 2014 - Saudi- Al-Athr showcases abstract and geometry inspired works of artArab News
(MENAFN - Arab News) Jeddah's Al-Athr Gallery is hosting the abstract and geometry inspired work of 40 local and international artists until Oct. 10.The gallery opened its door in 2009 and has ...

more...


 






Google

Live Currency Rates

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help