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MENAFN - Arab News - 30/12/2013
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(MENAFN - Arab News) Saudi Arabia's benchmark Tadawul All-Share Index (TASI) dug in at 8,494.76 points Sunday, reversing after a 3-day plunge.
Spending most of the session in the downward territory it took a sharp uplift just before the closing bell, gaining more than 13.6 points or 0.16 percent for the entire day.
The market cap indices all witnessed a positive change for the day. Most of the sector indices showed modest gains, accumulating an aggregate of 547 points.
Tourism and Agriculture were major gainers among sectoral indices, which marginally increased by 1.65 percent and 1.1 percent respectively. Banks & Financial Services sector, on the other hand, posted the largest losses, falling half percent to 17,810.86. Large cap Samba Financial Group suffering worst (-3.85 percent) of all equities became the major decliner at Tadawul.
The market breadth was positive, with 80 stocks witnessing advances and 51 others marking a decline.
Recently traded ANB Cooperative Insurance and Bawan Company topped the performance chart at Tadawul, marching higher by 9.94 percent and 9.83 percent respectively. Sunday, the market announced that ANB has been included to Tadawul Indices as the stock close price on Thursday Dec. 26, 2013.
The bellwether SABIC (Saudi Basic Industries Corp.) rose by 0.68 percent to SR111. Alinma Bank continued its most active status, liquidating roughly 15 million shares, which equates 8.74 percent of overall market volume. Saudi Fisheries Co. poured more than SR462 million into the market, topping the liquidity chart but closing red at SR 31.6.

 


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