Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Industrial investment shares up 2.42 percent  Join our daily free Newsletter

MENAFN - Arab News - 11/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The Saudi stock market extended gains for the fifth consecutive session.
Saudi Arabia's benchmark stock index (TASI) finished to the upside at 8,399.39 points, adding forty points further or 0.48 percent.
On year-to-date basis, it achieved a positive return of 23.5 percent. Large cap with 0.6 percent upward jump remained prominent among market cap indices.
Again 11 out of Tadawul's 15 sectors witnessed a positive change, accumulating over 508 points collectively.
Industrial Investment made the biggest jump among all sector indices, marching higher by 2.42 percent to finish just below the 7,000-mark.
Hotel and Tourism sector, on the other hand, posted the largest losses, falling 1.37 percent to close the day at 15,136.78.
Most of heavy weights closed in green; where Kingdom holding growing by 1.31 percent and market leader SABIC (Saudi Basic Industries Corp.) 1.14 percent.
SABIC with a liquidity of SR558.3 million also topped the value chart, reflecting a relative market share of 10.7 percent and closing at SR110.5.
Decliners outnumbered the advancers by a margin of 75 to 60 and the prices of 23 companies remained unchanged.
New player ANB Cooperative Insurance continued its upward march in a consecutive manner, jumping 9.79 percent further and closing at SR21.3.
An appreciation of nearly 113 percent in the value of ANB has been recorded in ten days.
Astra Industrial Group was another significant advancer, surging exactly six percent for the day.
On the other side of the spectrum, Tourism Enterprise Co. (Shams) became the biggest loser of the day, down 9.83 percent.
Tadawul total volume set sold approximately 192 million shares, an increase of 10.3 percent over the 50-day average level.
Liquidity rose a little to SR5.2 billion, an increase of 12.6 percent from the 50-day average level.
All most active stocks closed in green.


 


Arab News




  MENA News Headlines
 Jun 30 2015 - Major Movers: Capital Lease Aviation Mountfield Group Motive TV San Leon Energy Wim SinclairProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Below are some of the main news-driven share price changes at 10.30am. RISERS Capital Lease Aviation (LON:CLA) up 12.4%. The commercial passenger aircraft leasing company ...

 Jun 30 2015 - UPDATE - Northcote Energy starts new well at Shoats CreekProactiveInvestors - UK
(MENAFN - ProactiveInvestors)-ADDS DETAIL FROM FINANCIAL RESULTS STATEMENT- Northcote Energy (LON:NCT) has begun drilling operations on a new well at the Shoats Creek property in Louisiana. The ...

 Jun 30 2015 - Obtala puts a little more meat on the bones of divestment planProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Obtala Resources (LON:OBT) said its strategy for 2015 will revolve around spinning out the timber business from the farming and retail businesses in order to realise more ...

 Jun 30 2015 - SolGold sees consistent copper shows in latest hole at CascabelProactiveInvestors - UK
(MENAFN - ProactiveInvestors)SolGold's (LON:SOLG) final assays from the eleventh hole at Cascabel showed copper indications continued over the final 600m. A bulk interval of 636m at 0.58% copper and ...

 Jun 30 2015 - Jubilee pays second tranche for DCMProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Jubilee Platinum (LON:JLP) said it had handed over the second of three share-based payments for the DCM project in South Africa for £207000 as it revealed it has received ...

 Jun 30 2015 - Madagascar Oil poised for catalysts as Tsimiroro advancesProactiveInvestors - UK
(MENAFN - ProactiveInvestors)It is very rare for a company as small as Madagascar Oil (LON:MOIL) to have a resource as large as Tsimiroro so says recently appointed chief executive Robert Estill. ...

 Jun 30 2015 - Sula expects gold trench results within three weeksProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Sula Iron & Gold (LON:SULA) expects to report recent gold programme results from its Ferensola project in Sierra Leone in coming weeks as discussions continue it said ...

 Jun 30 2015 - Al Omaniya to acquire United FinanceMENAFN
(MENAFN) Al Omaniya is set to submit a full acquisition offer for Oman's United Finance, a deal which UF's board has been considering for a while, Reuters reported.Last month, United Finance asked ...

 Jun 30 2015 - British buyer purchases USD19m villa on Dubai's Palm JumeirahMENAFN
(MENAFN) An undisclosed British buyer purchased USD19 million luxury villa on Palm Jumeirah in the United Arab Emirates, which marked an unprecedented pricing for the emirate of Dubai, Arabian ...

 Jun 30 2015 - Saudi USD11.6b KAFD completion date remains undecidedMENAFN
(MENAFN) King Abdullah Financial District (KAFD), the USD11.6 billion smart city of Saudi Arabia, has always been praised as a compelling attraction for visitors but its completion date remains yet ...

more...


 






Google

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help