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

Buying interest reduces at Tadawul  Join our daily free Newsletter

MENAFN - Arab News - 25/04/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Arab News) The Saudi stock market continued to fall yesterday. The index fell nearly 1.39 percent in three days.

Tadawul Investors lacked buying interest on Tuesday, as the market's volume went 20.9 percent below the 50-day average of 624.45 million shares.

Liquidity also shrank to SR9.9 billion, 26.3 percent lower than the 50-day average of SR13.5 billion.

The Tadawul All-Share Index (TASI) opened with positive note yesterday, touched a peak of 7551.17 earlier but abruptly changed its direction toward south, spending most of the session in the same zone closed red at 7512.26, down 12.91 points or 0.17 percent.

The performance of all sectors was mingled as seven out of Tadawul's 15 sectors witnessed advancement.

Media and Publishing remained at top showing the accumulation of 86.2 points or 3.32 percent for the day. It was followed by transport sector, rising by 2.29 percent to close at 4,386.17.

On the worst side, banks and financial Services lost 133.01 points or 0.77 percent from its previous level.

Saudi Telecom among heavy weights continued to trade in green for the second consecutive day, up 1.18 percent.

On the other hand, Samba Financial Group trimmed 1.46 percent further to close at SR50.75.

The market breadth was almost balanced with 67 issues witnessing advances against 66 issues recording declines.

Ash Sharqiyah Development, Saudi Land Transport Co. and Saudi Printing & Packaging Co. were key gainers amongst all Saudi stocks, advancing over 9.8 percent for the day.

 






  MENA News Headlines


 
Live Currency Rates






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
Marketwatch News
UPI News
Comtex News

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