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

TADAWUL: Real estate sector moves to top  Join our daily free Newsletter

MENAFN - Arab News - 30/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Despite an upward jump (36 points) after the opening bell the tadawul all-share index (tasi) finished with a slight decline of 0.13 percent on tuesday.

the index performed within a range of 55.3 points closing the day at 9562.93. tasi's year-to-date yield still logged over 12 percent.

eight out of tadawul's fifteen sectors extended gains reflecting an accumulation of 575 points.

real estate development sector stepped up to occupy the top position at tadawul rising 1.32 percent further to close at 6707.0.

jabal omar development company was a key gainer in this sector which rose 4.5 percent hitting a new all-time high to sr48.5.

the company also secured its most liquid status pumping more than one billion riyals into the market.

industrial investment and transport sectors were other advancing sectors reflecting an increment of 1.31 percent and 1.14 percent respectively.

on the negative side seven sectors including cement — the worst performer (down 0.67 percent) ended in red paring 258 points jointly.

most of heavyweight finished to the downside with saudi telecom and kingdom holding falling more than one percent.

tadawul volume went down by 7.2 percent and traded 329.5 million shares as compared to previous day's 355.2 million shares. but still it was slightly above the 50-day average level.

a good amount of liquidity sr10.9 billion were poured into the market an increase of 48.4 percent over the 50-day average level.

etihad atheeb telecom-munication company appeared to be the most active stock of the day liquidating 24.6 million shares which equates 7.5 percent of overall market volume.

but the company performed worst slipping 5.7 percent to sr17.74.

the total number of falling stocks exceeded to the total number of rising stocks by a margin of 92 to 48.

share price of saudi industrial export co. rallied to a maximum growth of 10 percent clinching the spot as top gainer amongst saudi stocks.


 






  MENA News Headlines
 Aug 28 2014 - Ebola virus diseaseDemocratic Republic of CongoMENAFN Press
(MENAFN Press) GENEVA Switzerland August 27 2014/African Press Organization (APO)/ -- Disease outbreak news Epidemiology and surveillance On 26 August 2014 the Ministry of Health Democratic ...

 Aug 28 2014 - Ebola virus disease updateWest AfricaMENAFN Press
(MENAFN Press) GENEVA Switzerland August 28 2014/African Press Organization (APO)/ -- Epidemiology and surveillance • The total number of probable and confirmed cases in the current outbreak of ...

 Aug 28 2014 - Arrowstorm Entertainment Launches Kickstarter for New Fantasy EpicThe Christmas DragonMENAFN Press
(MENAFN Press) The Christmas DragonArrowstorm Entertainment offers advance DVDs and Blu-rays of upcoming film The Christmas Dragon via Kickstarter promising the world "a new Christmas classic."Salt ...

 Aug 28 2014 - 21st Century Television Discusses Transition to Cloud Computing with Spin SystemsMENAFN Press
(MENAFN Press) August 28 2014 - Boca Raton Florida — Although cloud systems have become increasingly more common and more secure there are still a number of companies who feel hesitant about ...

 Aug 28 2014 - DIGITAL COMEDY SERIES LAUNCHES INDIEGOGO TO RAISE FUNDS FOR SEASON 2MENAFN Press
(MENAFN Press) Devil's Couriers Parodies Sons of Anarchy in a Unique FormatLos Angeles CALIFORNIA AUG 28 2014 – Sons of Anarchy. The very name conjures up visions of Harleys guns biker chics ...

 Aug 28 2014 - 21st Century Television Welcomes Guest to Discuss Information Governance and Data Management airing on August 31 2014MENAFN Press
(MENAFN Press) Bishop Technologies Inc. to appear on 21st Century Television.August 28 2014 - Boca Raton Florida - In the digital age companies are being expected to govern and manage an ever ...

 Aug 28 2014 - Air2G2s State of the Art Technology for Golf Course Management Discussed on 21st Century TelevisionMENAFN Press
(MENAFN Press) Revolutionary Turf Aeration Process for Golf Courses.Boca Raton FL – August 28 2014 — For golf course owners superintendants and groundskeepers keeping a well maintained ...

 Aug 28 2014 - Eight Killed As Vehicle Falls into DrainQatar News Agency
Eight persons were today killed and three others injured when a vehicle skidded off the road and rolled down into a drain in Ramban district of Jammu and Kashmir, India's News (PTI) ...

 Aug 28 2014 - AfricaBeauties.com Proves that a Strong Woman is a Desirable WomanMENAFN Press
(MENAFN Press) Love Knows no Boundaries!Many members of premium international dating site AfricaBeauties.com regard vitality as one of the most desirable qualities in a partner. While international ...

 Aug 28 2014 - KnowBe4 Says Employee PC Wreaks Havoc in JP Morgan HackMENAFN Press
(MENAFN Press) JP Morgan Chase HackedJP Morgan banking giant hit by data breach in a feat far beyond the capability of ordinary criminal hackers.Tampa Bay FL — The Wall Street Journal reported ...

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

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