Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Media and publishing index posts 7.42% gain  Join our daily free Newsletter

MENAFN - Arab News - 19/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The benchmark tadawul all-share index (tasi) reflecting a sideways walk added a couple of points on sunday. it performed within a low range of 24.7 points closing at 9809.81.

on year-to-date basis tasi's yield reached 14.93 percent. among market cap indices only large cap went slightly downward.

the kingdom holding and sabb performed worst amongst large caps going down more than one percent. the market leader sabic (saudi basic industries corp.) dipped 0.42 percent closing at sr177.99.

media and publishing sector surged 7.42 percent over the day posting the biggest gains among all sectors.

market breadth was positive with 74 stocks witnessing advances and 63 others marking a decline. tihama advertising & public relations co. turned in a splendid performance among all saudi stocks soaring up sr27.36 or 9.96 percent to close the day at sr302.

sadafco and trade union were other significant gainers moving up by 6.55 percent and 6.32 percent respectively.

wafa insurance on the other hand posted the largest losses slipping more than five 5.47 percent to sr95.62.

tadawul volume went up by 2.63 percent and traded 448.5 million shares as compared to previous day's 437 million shares. the 50-day average for trading volume is closer to 333.6 million shares.

a good amount of liquidity sr12.2 billion were poured into the market an increase of 22.6 percent over the 50-day average level.

saudi mobile telecommunications co. (zain) and dar alarkan real estate showed the best performance among most active stocks closing green and capturing over 30 percent market volume jointly.

both companies also pumped sr1.7 billion collectively contributing 13.8 percent to the aggregated value.


 


Arab News




  MENA News Headlines
 Jun 30 2015 - Major Movers: Capital Lease Aviation Mountfield Group Motive TV San Leon Energy Wim SinclairProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Below are some of the main news-driven share price changes at 10.30am. RISERS Capital Lease Aviation (LON:CLA) up 12.4%. The commercial passenger aircraft leasing company ...

 Jun 30 2015 - UPDATE - Northcote Energy starts new well at Shoats CreekProactiveInvestors - UK
(MENAFN - ProactiveInvestors)-ADDS DETAIL FROM FINANCIAL RESULTS STATEMENT- Northcote Energy (LON:NCT) has begun drilling operations on a new well at the Shoats Creek property in Louisiana. The ...

 Jun 30 2015 - Obtala puts a little more meat on the bones of divestment planProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Obtala Resources (LON:OBT) said its strategy for 2015 will revolve around spinning out the timber business from the farming and retail businesses in order to realise more ...

 Jun 30 2015 - SolGold sees consistent copper shows in latest hole at CascabelProactiveInvestors - UK
(MENAFN - ProactiveInvestors)SolGold's (LON:SOLG) final assays from the eleventh hole at Cascabel showed copper indications continued over the final 600m. A bulk interval of 636m at 0.58% copper and ...

 Jun 30 2015 - Jubilee pays second tranche for DCMProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Jubilee Platinum (LON:JLP) said it had handed over the second of three share-based payments for the DCM project in South Africa for £207000 as it revealed it has received ...

 Jun 30 2015 - Madagascar Oil poised for catalysts as Tsimiroro advancesProactiveInvestors - UK
(MENAFN - ProactiveInvestors)It is very rare for a company as small as Madagascar Oil (LON:MOIL) to have a resource as large as Tsimiroro so says recently appointed chief executive Robert Estill. ...

 Jun 30 2015 - Sula expects gold trench results within three weeksProactiveInvestors - UK
(MENAFN - ProactiveInvestors)Sula Iron & Gold (LON:SULA) expects to report recent gold programme results from its Ferensola project in Sierra Leone in coming weeks as discussions continue it said ...

 Jun 30 2015 - Dubai plans to build 3 D printed office buildingArab News
(MENAFN - Arab News) DUBAI United Arab Emirates: Fast-growing Dubai where something new is always being added to the skyline may have found a way to make construction move even faster. The Gulf ...

 Jun 30 2015 - Top Philippine police chief 10 others ordered dismissed over contractArab News
(MENAFN - Arab News) MANILA Philippines: The Philippines' anti-graft prosecutor on Tuesday ordered the national police chief and 10 other officers dismissed from the service for approving a contract ...

 Jun 30 2015 - Al Omaniya to acquire United FinanceMENAFN
(MENAFN) Al Omaniya is set to submit a full acquisition offer for Oman's United Finance, a deal which UF's board has been considering for a while, Reuters reported.Last month, United Finance asked ...

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