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MENAFN - 31/03/2006

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(MENAFN) Saudi shares fell by 3.03 percent on the week ending Wednesday. The Tadawul All-Shares Index (TASI) closed the week at 17,060.34 points, up from last week's close of 15,895.11.

Yamamah Saudi Cement Co. Ltd.[Yamamah Cement] was the top loser with its shares down by 65.22 percent. Other top losers include Saudi Automotive Services Co. [SASCO] and
Saudi Hollandi Bank [Saudi Hollandi].

Aldrees Petroleum & Transport Services Co. [Aldrees] was the top gainer with its shares up by 27.01 percent. Other top gainers include Zamil Industrial Investment Co [Zamil Industrial] and Banque Saudi Fransi [Saudi Fransi].

Saudi Electricity Company [Saudi Electrc] was the most active terms of volume while Saudi Basic Industries Corp [SABIC] was the most active in terms of value.

Trading value for this week stood at SR50.42 billion (13.44 billion) down by 0.45 percent.

The Saudi market is the largest in the Arab world in terms of capitalization estimated at over 400 billion

 






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