17/01/2011
TASI gains 0.05
The Tadawul All-Share Index (TASI) ended at to 6,782.33 points, after gaining 0.05.
The sector activity for the day was mixed with 8 out 15 closing with gains ranging from 0.04 percent by the Agriculture & Food Industries sector to 1.25 percent by the Industrial Investment sector. On the other hand the losing sectors ranged from -0.12 percent by the Multi-Investment sector to -0.46 percent by the Insurance sector.
The overall market breadth for the day was positive with 43 advancers against 81 decliners giving it an AD ratio of 0.53. The liquidity for the day reached SR3.36 billion, the Financial Transaction House said in its daily market report.
Abu Dhabi’s Aldar Properties tumbled to a five-month low on Sunday after the indebted developer said it planned to take $2.9 billion in impairments and issue a $760 million convertible bond.
