Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Media & Publishing sector continues upward march  Join our daily free Newsletter

MENAFN - Arab News - 14/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi arabia's benchmark tadawul all-share index (tasi) passed through a lean session on sunday shedding more than 83 points

The index fell to 9424.95 points showing a further reduction of 0.88 percent for the entire day. it plunged to a maximum 110 points from the level of opening bell on sunday

Large cap performed worst among market cap indices falling 1.2 percent on sunday. top ten large caps finished to the downside where al-rajhi bank dipping by 3.25 percent kingdom holding 1.44 percent and saudi telecom co. 1.13 percent

Most of the major sector indices ended in the downward territory paring an aggregate of 1028 points

Banking tourism and real estate development sectors showed the worst performance slipping 1.68 percent 1.18 percent and 1.17 percent respectively

On the other positive side media and publishing sector continued its upward march marking another surge over three percent to 4503.55. insurance sector followed it rising 2.55 percent for the session

The total number of falling stocks exceeded to the total number of rising stocks by a huge margin of 96 to 55

Wafrah for industry & development co. suffered worst of all saudi companies decreasing 9.78 percent for the day to sr50.75

On the other hand share prices of saudi industrial export co. and axa cooperative insurance rallied to a maximum growth of 10 percent closing the day at sr71.5 and sr42.9 respectively

Axa volume with trades over 2.2 million also went 4.6 times high over the 50-day average level. alinma bank topped the volume chart liquidating 33.3 million shares and capturing a relative market share of 12.1 percent

Market activity was a little low for the day; specifically 276.4 million shares worth sr9.2 billion were liquidated at tadawul. this turnover reflects a daily decrease of 15.8 percent on volume basis and 12.2 percent in terms of liquidity

Tadawul volume also went below the 50-day average of 300 million shares roughly.


 


Arab News




  MENA News Headlines
 Apr 1 2015 - India is least E-Commerce Friendly, Says UNCTADKNN India
(MENAFN - KNN India) India is one of the fastest growing e-commerce markets in the world, but the country's online retailing infrastructure is struggling to keep up. According to a new index compiled ...

 Apr 1 2015 - Al Qassimi takes 5th place in 1st leg of Abu Dhabi Desert ChallengeEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Sheikh Khalid bin Faisal Al Qassimi, Abu Dhabi Racing Chairman, came in 5th overall on the first day of the Abu Dhabi Desert Challenge. Al Qassimi set a ...

 Apr 1 2015 - ADOR storms around Cape HornEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Abu Dhabi Ocean Racing (ADOR), the emirate's entry in the Volvo Ocean Race (VOR), has safely rounded ocean racing's most treacherous landmark - Cape Horn at the ...

 Apr 1 2015 - Alitalia and Etihad Airways support Expo Milano 2015 'Made Of Italians' programmeEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) As Official Global Carriers of Expo Milano 2015, Alitalia and Etihad Airways will support the upcoming event's 'Made of Italians' programme by offering exclusive ...

 Apr 1 2015 - Abu Dhabi Chamber discuss expanding economic relations with SloveniaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Abu Dhabi Chamber of Commerce and Industry today received a trade delegation from the Republic of Slovenia which included representatives of 30 companies and ...

 Apr 1 2015 - OPEC daily basket price for Tuesday, 31st March 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The price of OPEC's basket of twelve crudes stood at US$51.06 a barrel on Tuesday, compared with US$51.45 the previous day, according to OPEC Secretariat ...

 Apr 1 2015 - Saudi Defense Minister receives two messages from Sudanese PresidentEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Prince Mohammed bin Salman bin Abdulaziz, Minister of Defense, Chief of Royal Court, and Special Advisor to the Custodian of the Two Holy Mosques, has received ...

 Apr 1 2015 - UAE Banks Federation partners with SWIFT to lead discussion on global financial crime regulationsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Society for Worldwide Interbank Financial Telecommunication, SWIFT, has joined the UAE Banks Federation to bring together senior representatives from ...

 Apr 1 2015 - UAE Ambassador, Somalia's Minister for Higher Education discuss cooperation relationsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Mohammed Ahmed Othman Al Hammadi, UAE Ambassador to Somalia, and Somalia's Minister for Higher Education, Khadra Bashir Ali, have discussed ways to boost ...

 Apr 1 2015 - 1000 people of different nationalities including Emiratis registered for smart gate service of GDRFAEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) As many as 1000 people of different nationalities including Emirati citizens have applied at the smart gate service during the Dubai government achievement ...

more...


 






Google

Click to Apply

 
 

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