Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Insurance sector index surges 2.27%  Join our daily free Newsletter

MENAFN - Arab News - 23/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The benchmark tadawul all-share index (tasi) closed tuesday's trading session down by 11.18 points or 0.12 percent to 9606.58 after being low as much as 55 points during the day.

large caps contributed to the weak closing of the market. heavy weight saudi telecom showing excessive losses of 5.14 percent became the major decliner at tadawul closing the day at sr67.99.

most of the major sectors closed in the green territory accumulating an aggregate of nearly 379 points.

one of the best performing sectors was insurance which rose to 2.27 percent closing at 1371.08. transport was another significant advancer which gained over two percent to 8725.40.

on the negative side telecommunication & information technology sector became the biggest decliner down 65 points or 2.03 percent to 3105.83.

the market breadth was strong for the day as 90 stocks witnessing advances and other 50 stocks marking a decline.

alalamiya cooperative insurance co. turned in a splendid performance among all saudi stocks soaring up 9.88 percent and hitting a new all time high of sr86.75. saudi paper manufacturing co. also surged 9.88 percent flashing to a new 5-year high before closing at sr63.71.

tadawul volume went slightly down by 6.9 percent and traded 347.6 million shares as compared to previous day's 373.4 million shares.

but still it was 10.6 percent greater than 50-day average of 314.3 million shares.

equity turnover reached to sr10.4 billion an increase of 17.4 percent over the 50-day average value.

the most active dar alarkan real estate development co. rose to a highest level in almost two years to sr13 before closing at sr12.97. the company liquidated more than 42 million shares a relative market share of 12 percent.


 


Arab News




  MENA News Headlines
 Jul 29 2015 - Israel welcomes 200 French Jewish immigrantsThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Two-hundred French Jewish immigrants have arrived in Israel, according to a Tuesday statement issued by The Jewish Agency for Israel.The newcomers € half of ...

 Jul 29 2015 - Germany criticizes Israel's new settlement plansThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Germany has criticized Israel for approving the construction of more than a thousand settlements in occupied West Bank, terming the move a threat to the ...

 Jul 29 2015 - President Erdogan calls Jordanian KingThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Turkish President Recep Tayyip Erdogan informed Jordanian King Abdullah II and Italian Prime Minister Matteo Renzi about Turkey's ongoing "anti-terrorist ...

 Jul 29 2015 - Egypt- Fascism Incorporated: Our faultDaily News Egypt
(MENAFN - Daily News Egypt) When the blood of the other becomes a fathomable reality, fascism is born. I remember well standing among thousands in front of the UN, on 30 June 2013, as we screamed ...

 Jul 29 2015 - Egypt- Media gag ordered for case involving judge demanding sexual favoursDaily News Egypt
(MENAFN - Daily News Egypt) A media gag was ordered by the General Prosecution on Tuesday in the case of a judge who is charged with demanding sexual bribes from a woman in a lawsuit he was ...

 Jul 29 2015 - Bomb explodes in Al-ArishDaily News Egypt
(MENAFN - Daily News Egypt) A bomb explosion took place on Tuesday morning in the North Sinai town of Al-Arish with no casualties reported, a North Sinai resident told Daily News Egypt.The explosion, ...

 Jul 29 2015 - Egypt- 19 die in wood factory blazeDaily News Egypt
(MENAFN - Daily News Egypt) A fire in a wood factory in Qaliubiya governorate left 19 people dead and 22 injured on Tuesday.The fire occurred in an industrial district of Obour City, northeast Cairo. ...

 Jul 29 2015 - HRW accuses Saudi-led coalition of war crime in YemenDaily News Egypt
(MENAFN - Daily News Egypt) Human Rights Watch (HRW) reported Monday that its investigations into several air strikes by the Saudi-led coalition in Yemen on 24 July found no apparent threat at or ...

 Jul 29 2015 - Detention renewed for Esraa El-TaweelDaily News Egypt
(MENAFN - Daily News Egypt) The detention of amateur photojournalist Esraa El-Taweel, accused of spreading false news and belonging to the outlawed Muslim Brotherhood, was renewed on Monday, after ...

 Jul 29 2015 - Climate for political participation in Egypt deteriorates further: Democracy InternationalDaily News Egypt
(MENAFN - Daily News Egypt) Democracy International (DI) published a report Monday detailing its observation and analysis of the Egyptian parliamentary elections process, covering the period from ...

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