Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Tourism and agriculture stocks dominate trading  Join our daily free Newsletter

MENAFN - Arab News - 30/12/2013
No. of Ratings : 0
Add to Mixx!



(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.

 


Arab News




  MENA News Headlines
 Dec 24 2014 - Saudi issues 'final warning' on high-speed rail projectAFP
(MENAFN - AFP) Saudi Arabia has given a "final warning" to avoid delays on an $8.2 billion high-speed rail project which Spanish and Saudi firms are helping to build. The Haramain High Speed Rail ...

 Dec 24 2014 - Kuwait commissions new gas processing plantAFP
(MENAFN - AFP) Kuwait has commissioned a new natural gas plant that will raise the energy-rich state's production capacity to more than 2 billion cubic feet a day, officials said on Wednesday. The ...

 Dec 24 2014 - ME M&A deals value up 53 percent in 2014MENAFN
(MENAFN) According to a report by Baker & McKenzie Habib Al Mulla, the value of cross-border Merger and Acquisition (M&A) activity in the Middle East region has risen significantly in 2014 in terms ...

 Dec 24 2014 - ICT spending in ME grows to reach USD270b next yearMENAFN
(MENAFN) Spending on ICT products and services in the Middle East and Africa (MEA) will cross the USD270 billion mark in 2015 with the IT market expected to improve 9 percent annually, report by ...

 Dec 24 2014 - UAE M&A activity drops 24 percent in 2014MENAFN
(MENAFN) According to a report by Baker & McKenzie Habib Al Mulla, the total value of merger and acquisition (M&A) activity in the UAE dropped 24 percent to reach USD8.5 billion as of December 14 ...

 Dec 24 2014 - UAE's ABCO to invest USD27.2m on expansionMENAFN
(MENAFN) UAE-based Abughazaleh Group (ABCO) announced it is planning to make an investment of USD27.2 million on expanding its business by opening 30 stores in the next five years, as the result of ...

 Dec 24 2014 - Kuwait's oil exports to China up 88.8 percent in NovemberMENAFN
(MENAFN) According to the Chinese General Administration of Customs, Kuwait's crude oil exports to China registered a surge by 88.8 percent in November compared with the same month last year, thus ...

 Dec 24 2014 - Kuwait- Council requests further study of railway layoutArab Times
(MENAFN - Arab Times) KUWAIT CITY Dec 23 (KUNA): The Municipal Council returned the layout of the first stage of the GCC railway network to the Council's technical committee for further study of the ...

 Dec 24 2014 - 80 years on KOC effort has transformed KuwaitArab Times
(MENAFN - Arab Times) KUWAIT CITY Dec 22 (KUNA): Kuwait Oil Company (KOC) celebrates on Tuesday the 80th anniversary of being granted oil drilling concession right in the country under the agreement ...

 Dec 24 2014 - UAE- Special court in Pakistan barred from hearing treason caseKhaleej Times
(MENAFN - Khaleej Times) On November 21 the special court had accepted Musharrafs plea and had ordered for the inclusion of the names of the co-accused in the list of abettors. Islamabad: The ...

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