10/01/2011
TASI fell 0.09 percent to 6,723.32 points
Saudi Arabia's Tadawul All-Share Index (TASI) fell 0.09 percent to 6,723.32 points, easing from Saturday's eight-month peak, but this drop was seen as temporary.
Index heavyweight Saudi Basic Industries Corp. (SABIC) fell 0.7 percent. The petrochemicals index dropped 0.4 percent, although it remains up 17 percent in 12 months.
The sector activity for the day was mixed with 7 gaining sectors against 8 losing sectors. The gaining sectors ranged from 0.04 percent by the Banks & Financial Services sector to 0.60 percent by the Transport sector.
On the other hand the losing sector for the day ranged from 0.07 percent by the Retail sector to 0.39 percent by the Petrochemical Industries sector.
The overall market breadth for the day was negative with 52 advancers
against 64 decliners giving it an AD ratio of 0.81, the Financial Transaction House (FTH) said in its daily market commentary..The stock market turnover reached SR3.51 billion on Sunday.
The Dubai index dropped 0.2 percent to 1,666 points. The Abu Dhabi index rose 0.4 percent to 2,764 points. .Kuwait's Agility tumbled to a 15-week low on Sunday after US prosecutors filed a civil lawsuit against the logistics operator.
