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

Saudi- Media sector gains over 4%  Join our daily free Newsletter

MENAFN - Arab News - 11/02/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Arab News) The Tadawul All-Share Index (TAS) wavering above the break-even line for most of yesterday's session closed 15.45 points or 0.22 percent higher at 7,012.17. It moved within a narrow trading range of 18.4 points as compared to 30.8 points of previous day.

The market cap indices all finished to the upside, with Micro cap advancing 0.9 percent yesterday.

Eleven out of Tadawul's 15 sectors moved upward, showing a collection of 250 points. Media and Publishing sector stepped up to occupy the top position at Tadawul, surging 121.3 points further or over four percent to close at 3,138.26.

Multi-Investment sector, on the other hand, posted the largest losses, falling 1.6 percent to 3,770.48.

Advancing stocks outnumbered decliners by a margin of 70 to 60 and the prices of 26 companies remained unchanged.

Tihama Advertising & Public Relations Co. turned in a splendid performance among all Saudi stocks, soaring up SR10.25 or 9.88 percent to close the day at SR 114. Saudi Advanced Industries and Al Ahsa Development Co. were other significant gainers, moving up by 4.7 percent and 4.6 percent respectively.

On the other side of the spectrum, the heavyweight Kingdom Holding suffered the greatest amount of damages, turning down 5.02 percent for the day.

Investors were able to expand the Tadawul volume to 216.8 million shares, increasing by 11 percent over the previous day. Most of the trading was concentrated in Northern Region Cement, which remained the most active stock for the fourth consecutive day. Its more than 83.8 million shares were traded yesterday which accounted for 38.6 percent of the Tadawul volume. The value of these shares reached to SR1.98 billion, which reflected 34.6 percent of overall market liquidity.

 






  MENA News Headlines


 






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