Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

TADAWUL: Building & construction stocks edge higher  Join our daily free Newsletter

MENAFN - Arab News - 08/04/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab News) The benchmark tadawul all-share index (tasi) closed monday's trading session down by 23.82 points or 0.25 percent to 9507.58 after being low as much as 87 points after the opening bell

The tasi has added 11.4 percent since the start of 2014. market cap indices closed in a mixed fashion

Most of the major sectors closed in the downward territory paring an aggregate of 380 points. retail and real estate development sectors performed worst going down by 1.08 percent and 0.53 percent respectively

On the positive side building & construction outdid rest of the sectors advancing 0.95 percent and closing at 4079.21

Kingdom holding and sabb remained key gainers among heavyweights growing more than one percent. while samba financial group dipped 1.91 percent to close the day at sr41.3

Advancing stocks outnumbered decliners by a small margin of 74 to 65 and the prices of 20 companies remained changed

Wafrah for industry & development co. and saudi fisheries co. showed the best performance among all saudi stocks soaring up more than 9.8 percent for the session. both companies' shares have climbed to a 52-week high of sr46.5 and sr38 respectively

Wafrah volume also went 4.7 times high over the 50-day average liquidating roughly seven million shares

Wafa insurance on the other hand switched to worst performing stock falling 3.68 percent and closing at sr85.25

Share trading activity was high as compared to previous day specifically sr9.6 billion were poured into the market. trading volume was improving with about 314 million shares changed hands in the market a growth of 6.4 percent over the previous level

The 50-day average for trading volume is closer to 288 million shares. alinma bank with trades over 38.6 million topped the volume chart capturing 12.3 percent of overall market volume.


Arab News

  MENA News Headlines
 Dec 1 2015 - Opec oil output increases in Nov, led by Iraq, SaudiMENAFN
(MENAFN) Opec oil output grew in Nov compared with the previous month, led by a rebound in Iraqi exports.Moreover; Opec supply increased in Nov to 31.77mn containers per day, from 31.64mn in ...

 Dec 1 2015 - Etihad Airways enhances presence in East Africa with new service between Dar Es Salaam and Abu DhabiEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 1st December 2015 (WAM) --- Etihad Airways the national airline of the United Arab Emirates today enhanced its presence in East Africa with the ...

 Dec 1 2015 - Hazza bin Zayed statement on national day UAENationalDay44Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 1st December 2015 (WAM)--H.H. Sheikh Hazza bin Zayed Al Nahyan National Security Advisor has paid a glowing tribute to the founding fathers who ...

 Dec 1 2015 - Rising foreign investment in Dubai realty to ensure stability in real estate market: H Holding EnterpriseEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 1st December 2015 (WAM) --- The growing number of foreign investors in Dubai property will lead to more stability in the real estate market according ...

 Dec 1 2015 - Mansour bin Zayed's statement on national day UAENationalDay44Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 1st December 2015 (WAM)H.H. Sheikh Mansour bin Zayed Al Nahyan Deputy Prime Minister and Minister of Presidential Affairs has extended his ...

 Dec 1 2015 - ST Topping Pattern Begins to Emerge in USDOLLARDailyFX
(MENAFN - DailyFX) On a fundamental basis, we were already concerned about the viability of a USDOLLAR Index bull flag breakout given the wave of impending "high" level event risk at the end of this ...

 Dec 1 2015 - Saudi- Competition Council launches awareness caign to combat collusion in public tendersSaudi Press Agency
(MENAFN - Saudi Press Agency) Riyadh 19 Safar 1437 AH December 1 2015 SPA -- The Competition Council has launched its 5th awareness campaign for the second year of publication of competition culture ...

 Dec 1 2015 - Competition Council launches awareness caign to combat collusion in public tenders 2 RiyadhSaudi Press Agency
(MENAFN - Saudi Press Agency) The campaign also aims to deliver the message of the Council using a variety of methods of press and electronic ads and the design and production of audio-visual films ...

 Dec 1 2015 - Kuwait Stock Exchange ends session with mixed boardsSaudi Press Agency
(MENAFN - Saudi Press Agency) KUWAIT Safar 19 1437 December 01 2015 SPA -- Kuwait Stock Exchange (KSE) ended its session Tuesday in a mixed board with the price index up by 0.98 points to reach 5803 ...

 Dec 1 2015 - Muscat Securities Market Gains 9 PointsSaudi Press Agency
(MENAFN - Saudi Press Agency) Muscat Safar 19 1437 December 01 2015 SPA -- Muscat Securities Market (MSM) general index (30) today added (9.9) points comprising a rise by (0.18%) to close at ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

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


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


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