Saudi Arabia Financial Market Update
Saudi's Tadawul rises again
Saudi Arabia's Tadawul index rose 0.83% to end the day on 6,355, led by the Banks and Financial sector, which gained 1.18%. Sahara Petrochemical was the day's big gainer, up 3.26% to 20.60 riyals. Overall, 86 stocks ended higher while 33 declined.
Saudi's Tadawul inches higher
Saudi Arabia's Tadawul index gained 0.2% today to close on 6,303, led by the agriculture and food industries sector, which gained 1.99%. Red Sea Housing led all stocks, rising 5.98% to 62 riyals. Overall, 54 stocks ended higher while 56 declined.
Saudi stocks see slight gain
Saudi Arabia's Tadawul index gained 0.11% today to close on 6,291. The day's big gainer was Saudi Dairy and Foodstuff, which rose 3.16% to close on 42.40 riyals. Saudi Cement had the day's biggest loss, down 4.35% to 55 riyals. Overall, 73 stocks while 35 declined.
Tadawul ends down 0.22%
Saudi Arabia's Tadawul All Share Index (TASI) ended its second day of trading up 0.22% to 6,284.39. Sixty-three stocks rose, while 52 fell. Alinma Bank was the most active stock by value and by volume, ending the day at SR13.20.
Tadawul posts slight rise
Saudi Arabia's Tadawul All Share Index rose by 0.27% to 6,332.7. Of the 133 stocks traded 45 rose, while 72 fell. BCI was the day's biggest gainer, moving up by 9.97% to SR33. Saudi Indian had the biggest drop, going down 3.68% to SR65.25.
Tadawul posts slight increase
Saudi Arabia's Tadawul all share index rose by 0.7% to 6,315.45, with all sectors save Insurance posting increases. Atheeb Telecom posted the biggest increase of the day, going up by 2.95% to SR17.50.
Saudi inflation hits 28-month low
According to data from Saudi Arabia's official statistics authority, the kingdom's annual inflation had reached a 28-month low of 3.5% in October, Reuters has reported. Cost of living index reached 124.3 points in October up from 120.1 points a year earlier, the data showed. 'Although inflation has come down on an absolute basis, month on month it still remains high and it could very well average above 5% for the year,' said John Sfakianakis, chief economist at Banque Saudi Fransi.
Tadawul dips on second day of trading
Saudi Arabia's Tadawul exchange ended the day down by 0.39% at 6,271.51. Of 133 stocks traded 34 rose and 78 fell. Tawuniya posted the highest gains, moving up 6.86% to SR74.00. Al Ahlia posted the biggest losses, going down by 5.19% to SR100.25.
Tasi sees slight gain
Saudi Arabia's Tadawul index gained 0.24% today to close on 6,253. Saudi Arabia Refineries was the day's big gainer, up 9.71% to 56.50 riyals. Saudi Arabian Cooperative Insurance Company had the biggest loss, down 3.79% to 82.50 riyals. Overall, 47 stock rose and 70 declined.
Saudi index dips slightly
Saudi Arabia's Tadawul Index fell 0.59% today to close on 6,238, led by the industrial investment sector, which dipped 1.34%. Jazan Development was the day's big gainer, up 5.86% to 12.70 riyals. Overall, 94 stocks fell while 22 gained.
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