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
 Apr 1 2015 - Travel chaos in Argentina as transport unions strikeGulf Times
(MENAFN - Gulf Times) Argentina's largest cities ground to a halt yesterday as transport unions went on strike, demanding tax cuts for low-income workers and putting the government on the defensive ...

 Apr 1 2015 - Qatari Birla Public School mourns Dr Sarala's deathGulf Times
(MENAFN - Gulf Times) The management, staff and students of the Birla Public School (BPS) came together in an extraordinary assembly yesterday to mourn the demise of Dr Sarala Birla, a founder of the ...

 Apr 1 2015 - 800 pupils part of Qatari Total's road safety campaignGulf Times
(MENAFN - Gulf Times) Total has completed the second phase of its road safety campaign in Qatar, which is being carried out in co-ordination with the General Directorate of Traffic.The campaign ...

 Apr 1 2015 - Qatari Success for WCMC-Q graduatesGulf Times
(MENAFN - Gulf Times) The next generation of doctors has learned where they will spend the next chapter of their lives following a recent event at Weill Cornell Medical College in Qatar (WCMC-Q). The ...

 Apr 1 2015 - Qatari SC renews pledge on cooling technologyGulf Times
(MENAFN - Gulf Times) The Supreme Committee for Delivery and Legacy (SC) is continuing with Qatar's bid commitment to develop innovative cooling technologies for proposed host venues for the 2022 ...

 Apr 1 2015 - Qatari Al Meera eyes completion of first phase of logistics facility in 2017Gulf Times
(MENAFN - Gulf Times) The first phase of Al Meera Consumer Goods Company's 91,000sq m logistics facility south of Doha, which will help expand the product and brand offerings in the domestic market, ...

 Apr 1 2015 - Oil slide, weak earnings push QE down in Q1The Peninsula
(MENAFN - The Peninsula) A combination of oil price slides, projected weak quarterly earnings and geopolitical tensions pushed Qatari stocks down 4.78 percent or 601.9points in the first quarter of ...

 Apr 1 2015 - Kuwait's philanthropic fund extends mandate in Lebanon for yearKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait Fund for Arab Economic Development (KFAED) will continue functioning in Lebanon for another year, the fund chief announced on Monday, thus rescinding a ...

 Apr 1 2015 - Kuwaiti CBK's Institute of Banking Studies, HBS jointly launch regional training programKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Governor of the Central Bank of Kuwait (CBK) Dr. Mohammad Al-Hashel said the Bank's Institute of Banking Studies (IBS) and the Harvard Business School (HBS) will ...

 Apr 1 2015 - Qatar First Bank interested in Indian healthcare sector investmentThe Peninsula
(MENAFN - The Peninsula) Qatar First Bank is looking forward to make big investments in India, especially in the country's promising healthcare sector, said the chairman of the bank yesterday. "We ...

more...


 






Google

Internatinal Property Show

 
 

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