06/02/2011

Closing 0.28 percent higher
 
 
Saudi Market Daily Commentary
 
 

 
 
 
The Tadawul All-Share Index (TASI) closeD at 6,531.28 points and the banking sector gained 0.2 percent.
 
Saudi shares closed 0.28 percent higher, helped by banking and petrochemical stocks...Shares in heavyweight Al-Rajhi Bank and in Banque Saudi Fransi surged 0.6 percent each...
 
The petrochemical sector index added 0.1 percent..
The sector activity for the day was all positive except 1 losing sector. The gaining sectors ranged from 0.06 percent by the Petrochemical Industries sector to 1.86 percent by the Multi-Investment sector. On the other hand the losing sector for the day was the cement sector with 0.36 percent. The overall market breadth for the day was positive with 106 advancers against 21 decliners giving it an AD ratio of 5.88, the Financial Transaction House (FTH) — licensed by the Capital Market Authority (CMA) — said in its daily market commentary.
 
The stock market turnover for the day reached SR 2.82 billion.

28/11/2010

TASI rises slightly
 
 
Saudi Arabia's main stock index rose 0.12 percent, paced by banks despite a drop in petrochemicals stocks after a fall in oil prices.
 
The Tadawul All-Share Index (TASI) surged to 6,298.89 points helped by the banking index which gained 0.5 percent. The sector activity for the day was mostly positive with 9 gaining sectors against 6 losing sectors.
Liquidity for the day reached SR1.95 billion.
 
 
The gaining sectors ranged from 0.02 percent by the Energy & Utilities sector to 1.77 percent by the Insurance sector. On the other hand the losing sectors for the day ranged from 0.06 by the Cement sector to 0.64 percent by the Petrochemical Industries sector. The overall market breadth for the day was positive with 66 advancers against 52 decliners giving it an AD ratio of 1.26, the Financial Transaction House (FTH) said in its weekly market commentary.