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

Saudi- Media Publishing stocks continue to fall  Join our daily free Newsletter

MENAFN - Arab News - 12/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi arabia's benchmark tadawul all-share index (tasi) dropped 34 points or 0.34 percent to 9871.68 points on wednesday. the index slipped into red territory earlier and plunged to a maximum of 53 points during the day.

only micro cap index managed for a gain yesterday. four sectors including insurance the best performer (up 0.82 percent) moved higher from previous day's level. rest of the sectors trimmed more than thousand points jointly.

media and publishing sector continued its downward spiral and fell for a fifth session on wednesday shedding 204 points or 5.62 percent to 3429.53. hotel & tourism was another significant declining sector going down by 1.84 percent. but both sectors are considered to be low in weightage.

decliners outnumbered the advancers by a little margin of 74 to 70 and the prices of 15 companies remained unchanged.

saudi arabian cooperative insurance and basic chemical industries led the top gainers chart at tadawul surging by 8.45 percent and 8.23 percent respectively. wafrah for industry & development advanced 6.46 percent closing at sr67.75. the company pouring roughly sr486 million appeared to be the most liquid stock.

on the other side of the spectrum tihama advertising & public relations co. suffered the greatest amount of damages in a consecutive manner turning down 9.97 percent further to sr171.5.

kingdom holding performed worst amongst heavyweight equities declining one and half percent. however sabb volume went 15 times high over its 50-day average liquidating 2.7 million shares.

market activity was a little low for the day; specifically 219.8 million shares worth sr8.4 billion were liquidated at tadawul. turnover went down by 29.2 percent on volume basis and 24 percent in terms of liquidity.

the 50-day average for trading turnover is closer to 349.4 million shares worth sr10.9 billion.


 


Arab News




  MENA News Headlines
 Sep 18 2014 - UAE- DED and DQG host Share Best Practice ConferenceKhaleej Times
(MENAFN - Khaleej Times) The Department of Economic Development (DED) and Dubai Quality Group on Wednesday hosted the 'Share Best Practice Conference and Exhibition 2014' with an aim to share the ...

 Sep 18 2014 - UAE- Dolphin Energy achieves 5 trillion SCF output milestoneKhaleej Times
(MENAFN - Khaleej Times) The Dolphin Project involves the production and processing of natural gas from Qatar's North Field, and transportation of the dry gas by sub-sea export pipeline from Qatar to ...

 Sep 18 2014 - Acer unveils new line-up, eyes increased market share in UAEKhaleej Times
(MENAFN - Khaleej Times) Acer unveiled its new line-up of touch-based products portfolio at its first-ever annual showcase in Dubai on Wednesday.The Taiwanese company, which is No.1 for the last 16 ...

 Sep 18 2014 - Qatar- HH the Emir Sends Congratulations to President of ChileQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani sent Thursday a cable of congratulations to President of the Republic of Chile Michelle Bachelet on the occasion of the anniversary of her ...

 Sep 18 2014 - Qatar- HE Premier Sends Congratulations to President of ChileQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani sent Thursday a cable of congratulations to President of the Republic of Chile Michelle ...

 Sep 18 2014 - President Rouhani Condemns Massacre of Innocent People by ISIS ElementsQatar News Agency
(MENAFN - QNA) Iranian President Hassan Rouhani has condemned the killing of innocent people by terrorist groups. He made the remarks in an exclusive interview with the NBC News Network in Tehran ...

 Sep 18 2014 - FBI: ISIS May Take More Hostages in Order to Force US ConcessionsQatar News Agency
(MENAFN - QNA) US Federal Bureau of Investigation (FBI) Director James Comey said in written testimony to Congress Wednesday that Americans within reach of the Islamic State of Iraq and Syria (ISIS) ...

 Sep 18 2014 - WHO Investigates Children Deaths after Measles Vaccination in SyrianQatar News Agency
(MENAFN - QNA) The World Health Organization (WHO) and UN Children's Fund (UNICEF) have initiated the investigation into the death of 15 children in Syria who were vaccinated against measles, UNICEF ...

 Sep 18 2014 - UAE- 787-9 Dreamliner, A380 to boost Etihad's operationsKhaleej Times
(MENAFN - Khaleej Times) "The new jumbos will deliver new, industry-leading in-flight product," said James Hogan, the chief executive of Etihad Airways, while speaking to more than 700 delegates from ...

 Sep 18 2014 - UAE- Komatsu awards Galadari for superior market shareKhaleej Times
(MENAFN - Khaleej Times) Hisashi Shinozuka, Director and Senior Executive Officer of Komatsu Ltd and President of Komatsu's Construction & Mining Equipment Division, presented the 'Best 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

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