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

Saudi Real estate sector rises over 2 percent  Join our daily free Newsletter

MENAFN - Arab News - 04/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Despite a plunge of 33 points after the opening bell, the benchmark Tadawul All-Share Index (TASI) finished with a balmy gain of 0.15 percent or 12.78 points, closing at 8,618.12.

Positive performance was boosted by Real Estate Development sector, which surged 103.3 points or 2.15 percent to close at 4,898.69. Petrochemical Industries was another significant gaining sector, advancing by 0.6 percent for the day.

Insurance sector, on the other hand, posted the largest losses, falling 0.86 percent to close the day at 1,192.54.

Top 10 market cap companies closed the day in mixed territories, showing small changes from previous day's level.

Saudi Telecom and Kingdom Holding came out as significant players among heavyweights, offsetting their performance by one percent positive-negative change.

Market breadth with advance-decline ratio of 0.41:1 remained negative.
Share price of ANB Cooperative Insurance rallied to a maximum growth of 10 percent, closing the day at SR79.75.

Makkah Construction and Development Co. and Sahara Petrochemical Co. followed it, marching higher by 8.02 percent and 5.0 percent respectively.
After sequential run-ups new player Bawan Company has fallen prey to profit-taking, dropping 8.96 percent for the day.

But the company dominated the trading activity, pouring roughly 29 million shares, which equates 13.4 percent of Tadawul's total volume.
The value of these shares reached to SR1.9 billion, a relative market share of 28.1 percent.

Share trading activity remained high as compared to previous day; turnover went up by 35 percent in terms of value and 10.5 percent on volume basis.
More than 216.2 million shares worth SR 6.9 billion exchanged hands on the Saudi Stock Market.

The 50-day average for trading volume is closer to 180.8 million shares.

 


Arab News




  MENA News Headlines
 Oct 30 2014 - UAE- Hawaii lava flow reaches home threatens townKhaleej Times
(MENAFN - Khaleej Times) Red-hot lava from a slow-erupting volcano has reached a home on Hawaiis Big Island and is threatening an entire town emergency officials said Tuesday. The lava flow from ...

 Oct 30 2014 - UAE- Slow-moving lava creeps closer to Hawaii homesKhaleej Times
(MENAFN - Khaleej Times) A branch of the molten stream was less than 100 yards (90 meters) from a two-story house.This photo provided by the US Geological Survey shows the lava flow from Kilauea ...

 Oct 30 2014 - UAE- Mudslide buries Sri Lanka tea labor quartersKhaleej Times
(MENAFN - Khaleej Times) The military has mobilized troops to help in the rescue operations. Colombo Sri Lanka: A mudslide in central Sri Lanka has buried several rows of workers’ houses at a ...

 Oct 30 2014 - UAE- 10 people killed 200 missing in Sri Lanka after mudslidesKhaleej Times
(MENAFN - Khaleej Times) A local hospital source said that two men and a woman rescued from the mud had been brought in for treatment. Colombo: Around 200 people were reported missing and 10 ...

 Oct 30 2014 - UAE- Heavy rains continue in Telangana two deadKhaleej Times
(MENAFN - Khaleej Times) Two women both sisters were washed in the swirling waters of a rivulet near Madgula village in Guntur district of Andhra Pradesh as heavy rains caused by Cyclone Nilofar ...

 Oct 30 2014 - UAE- Magnitude 6.1 earthquake hits near Samoa: USGSKhaleej Times
(MENAFN - Khaleej Times) A police spokeswoman in the capital Apia told Reuters by telephone that the quake had not been felt in the city and that she was unaware of any damage. Sydney: A 6.1 ...

 Oct 30 2014 - Ottawa shooting was madmans last desperate act says motherKhaleej Times
(MENAFN - Khaleej Times) Susan Bibeau said her estranged son had wanted to travel to Saudi Arabia to study Islam and the Quran not Syria to join militant fighters. Michael Zehaf-Bibeau killed by ...

 Oct 30 2014 - UAE- Kidnapped women used by Boko Haram on front line: Rights groupKhaleej Times
(MENAFN - Khaleej Times) Suspected militant fighters kidnapped about 30 children including girls as young as 11 in Borno state at the weekend. Lagos: Boko Haram has used kidnapped young women and ...

 Oct 30 2014 - Ottawa gunman made video before attack: PoliceKhaleej Times
(MENAFN - Khaleej Times) Michael Zehaf-Bibeau who was shot dead by police in the parliament in Ottawa after killing a soldier Wednesday was mentally ill and wanted to die his mother wrote in a ...

 Oct 30 2014 - UAE- Nepal bus crash kills 14 injures dozens: PoliceKhaleej Times
(MENAFN - Khaleej Times) Among those killed Friday were two people including a woman who was part of a group heading to the Langtang trekking area. Katmandu: A Nepal bus packed with people ...

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

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