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Saudi shares rose 6.26 percent on the week ending Thursday despite profit taking. The Tadawul All-Shares Index(TASI)closed the week at 8,175.76 points, ...  Join our daily free Newsletter

MENAFN - 17/12/2004

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(MENAFN) Saudi shares rose 6.26 percent on the week ending Thursday despite profit taking. The Tadawul All-Shares Index (TASI) closed the week at 8,175.76 points, up from last week's close 7,693.97.

Qassim Agriculture was the top loser with its shares down 54.75 percent on the week. Other top losers include the Makkah Construction & Development Co. and Saudi Industrial Export Co.

On the other hand, RIBL was the top gainer with its shares up 14.50%. Other top gainers include Amiantit.

National Shipping Co. of Saudi Arabia was the most active in terms of volume and the Saudi Telecom was the most active in terms of value.

Trading value was grew by 3.9 percent compared to last week's value to reach SR 41.673 billion (11.11 billion).

The Saudi market is the largest in the Arab world in terms of capitalization estimated at over 254 billion.




 






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