21/04/2010
Saudi Market Daily Commentary
Index made its largest fall since December... and Liquidity exceeded 6 billion
Side of the Saudi Market transactions, , Where general index declines sharply by the end of yesterday's session by more than 2 per cent.
General index of the Saudi market has seen sharp declines at the end of yesterday's session by more than 2 percent, loss of 137 points, led him to break the level of 6800 points, in accordance with the Declaration of a number of leading companies and a net loss in the first quarter earnings this year,
Index opened yesterday trading in red, quickly deepen it losses to break the level of 6800 points, ahead of the first hour of the session, index stayed deepening losses until approaching the level of 6700 points, ending its transactions at the point 6714.
Trading values has exceeded six billion up to 6.2 billion riyals, the highest since the eighth of last November, it increased yesterday up to 19.2 percent amounting 5.2 billion riyals, yesterday trading amounted 272.9 million shares under the implementation of 110.2 thousand transactions.
In terms of sectors, it has moved almost collectively towards the red zone except for two sectors only which has succeeded in closing the green which are the transport sector with 0.49 percent, and multi-investment sector with a rise of 0.54 percent.
Insurance sector hit their highest declines by 4.59 percent, on the other hand Mubarad and Misk shares maintained at 17.65 riyals, SR 27.90 respectively, and Al Der Al Arabi fell about 9.42 per cent to close at 27.90 riyals.
