15/03/2010
The Index reached 6600 points in the middle of the inflows
The general index continued its rise for the third session continually after succeeded in the green zone closure with a rise of 0.3 per cent, gaining 19 points, achieving a new historic levels, the levels of 6600 points, and the market claimed 73 points in the last three sessions, which came after two sessions of declines of gaining slight profit for the previous increases, according to the report of «Direct Information Center». The index has seen a strong year rise at the start of trading yesterday, during which point to 6608.97 after the first hour of the session, but was soon reduced part of its gains, back below the levels of 6600 points, however, succeeded in the last half hour of trading in the development of feet above that level to close at point 6603.
Below are more details:
The general index of the Saudi market continued its rises for the third consecutive session yesterday after it succeeded in closing in the green zone with a rise of 0.3 per cent, gaining 19 points, which succeeded in overcoming historical levels, a new levels of 6600 points, and the market claimed 73 points in the last three sessions that came after two sessions of declines in gaining profits elevation that preceded it, according to the report of center ''Direct Information Center''. The index has seen a strong year increases at the start of trading yesterday, during which point to 6608.97 after the first hour of the session but quickly reduced the part of the gains, back below the levels of 6600 points, however, succeeded in the last half hour of trading in the development of feet above that level to close at the point 6603, which is the highest close in 17 months. The trading value continues it rises for second straight session, stable above the level of three billion was recorded yesterday at 3.4 billion riyals, and the values recorded by the end of yesterday's session, the first 3.2 billion riyals while the lie without three billion in the recent period, and the amounts of which were traded 157.6 million shares were through the implementation of 81.3 thousand transactions.
Four sectors dropped while the rest increases, the lowers headed the agriculture sector down to 0.4 per cent losing 22.28 points, followed by the retail sector was down to 0.24 per cent losing 10.82 points, while the cement sector fell 0.11 percent, losing 4.93 points. On the other hand the high-transport sector was to by 1.70 per cent gaining 60.68 points, followed by the energy sector was up 1.48 percent, gaining 67.50 points, while the media sector rose by 1.01 per cent gaining 18 points. As for the sectors shares of the trading value has headed the banking sectors of the market yesterday, as the sector values yesterday amounted by 23.86 per cent from 822.8 million riyals total of 3.4 billion riyals achieved by the market, followed by the petrochemical sector accounted for 18.19 per cent of the total values traded value of 627.3 million riyals, while the construction sector has accounted for 11.66 per cent, followed by industrial investment, accounting for 10.72 per cent, while the remaining segments of the market at 35.57 per cent of the total value traded yesterday.
By the end of transactions ,it's been traded on of 138 paper, 81 of them rose up up against a decline of 36 paper, Al Rajhi Insurance shares raised by closed 5.07 per cent on the price of 57 riyals per share in the most active rounds in 2010 with the largest percentage increase since eight months, followed by exports rose by 4.01 per cent to 33.7 riyals price most active tours since November ,2009, followed by metal shares up 3.66 per cent to 24.05 riyals, extending a price offer for the third round, respectively, most active tours since last October, Saudi Electricity increased by 1.62 percent to 12.55 riyals as vigorously rounds about two months ago closed at its highest level since May,2008. Bank shares and occupied the top list of most active development in terms of volume and values of the deals and trading volume reached 46.47 million shares valued at 598.72 million riyals, divided into seven sessions of thousands of transactions most active stock since last October , the stock closed on the relative stability at 12.9 riyals.
On the other hand Al-IDrees shares declined by 3.34 per cent to 37.8 riyals with the largest decline rate since September, 2009, followed by Astra Industrial reduced by 3.03 per cent to 41.6 riyals after the price of three successive rises in the largest proportion of decline since last October, Al-Saqer insurance came third in declines by 2.46 per cent to 49.5 riyals after the four green rounds continually.
