06/04/2010
3 sectors ended the day in the Green Zone
Review on the Stock Market Movement
Tadawul Index ended trading yesterday in the red zone, with a Pessimistic look among traders dominated the market to await the results of the first quarter in the market. The market reduced by 0.25 per cent, to close at 6805.3.
It is noteworthy that the market during trading yesterday broke the barrier level of 6800 and hit their lowest levels in 6766, before recovering to close above the level of 6800. Among the 15 sectors listed in the market 11 have been reduced while only 3 maintained in the Green Zone. While one sector remained unchanged.
Reduction came due to the decline in the banking sector, by 0.7 per cent to close at 17.752 the end of trading yesterday. Al-Rajhi Bank was the worst performance of this sector.
The insurance sector, as the best performing sectors yesterday, raised by 1.73 per cent to close at 1120 points; achieving liquidity amounted to 570.1 million riyals, during the trading of 14.8 million shares, followed by agriculture and food as the second best performing sector as it closed up 0.8 per cent, at the level of 5730 points, recording liquidity of 242.9 million riyals, after it had seen trading 6.07 million shares .
Among the losing sectors yesterday, Hotels sector dissolve the worst-performing sectors yesterday, which fell by 1.6 per cent, to close at 5831 points, ending his day liquidity of 11.6 million, from the trading of 373 thousand shares, followed by the transport sector, who lost at the end of yesterday by 0.95 per cent, to close at 3590 points, recording cash of 13.6 million riyals, from trading to the number of 862 thousand shares.
Among 138 companies have been traded, 59 companies ended the day higher, while 58 recorded a decline in performance, have 21 companies remained unchanged.
Kayan has occupied the top five most active stocks in the market again, after trading has seen the number of 18.1 million shares, followed by SABIC shares in the second place by 345.3 million.
Among the winning, Bupa Arabia shares were the highest in price, rose by 9.8 per cent, followed by Allianz shares, which rose 9.7 per cent, "Burooj" share rose by 4.8 per cent.
As for the decline shares, Al-Ahliyah Insurance fell by 7.3 per cent, recording the highest loss, followed by Tabuk Cement Company shares, which fell by 2.3 per cent, Thimar decreased by 2.3 per cent, then the hotels share, which decreased by 2 per cent, and finally Al Rajhi which registered a decline by 1.7 per cent.
