Tadawul index inches higher



JEDDAH: ARAB NEWS

Published — Thursday 25 April 2013

Last update 25 April 2013 4:01 am

| نسخة PDF Print News | A A

Saudi stocks hovered in small gains and losses yesterday, almost a repeat of previous day’s flat performance which turned positive and the day ended in green.
The Tadawul All-Share Index (TASI) inched up to 7,127.68 points, showing an increment of 3.28 points or 0.05 percent growth for the entire day.
It wavered within a narrow range of 20 points yesterday.
Micro Cap performed worst among the market cap indices, declining more than one and half percent.
Saudi sector indices performed in a mixed fashion, with six sectors accumulating an aggregate of 193.5 points and nine sectors trimming 338.6 points collectively.
Cement came out as the best performing sector of the day, advancing 1.63 percent or 104 points to close at 6,503.11.
City Cement Co, Hail Cement and Northern Region Cement were key gainers in this sector, surging up by 6.2 percent, 4.4 percent and 2.4 percent respectively.
Northern with trades over 16 million shares positioned itself among the most active stocks, closing the day at SR 19.3 and ranking third.
On the other negative side, Media and Publishing sector continued its downward fall, going down further by three percent and closing at 3,027.66.
Transport and Multi-Investment sectors followed it, declining nearly two percent.
Market breadth with advance-decline ratio of 0.65:1 remained slightly negative.
Saudi Indian Company for Co-operative Insurance (WAFA Insurance) played well among all Saudi companies, marching higher by 7.36 percent to close the day at SR138.5.
On the other side of the spectrum, Tihama Advertising & Public Relations Co. suffered the greatest amount of damages in a consecutive manner, turning down 9.67 percent further.
Tihama also topped the value chart, contributing SR 619.6 million, which is around 10 percent of the overall market value.

What's happening around Saudi Arabia

RIYADH: In a fresh boost for relations between Saudi Arabia and Bangladesh, the Kingdom has decided to sign a memorandum of understanding on Foreign Office Consultations (FOC) with Dhaka. The Kingdom endorsed a proposal in this regard at a meeting be...
The Indonesian mission is hopeful detained Indonesian pilgrims will be free “very soon.” The mission is trying to persuade Saudi authorities of their nationals’ innocence.Eleven Indonesian pilgrims, who arrived in the holy city of Makkah to perform U...
JEDDAH: Police at King Khaled International Airport in Riyadh arrested a Saudi hacker after a government organization in Al-Leith in Makkah complained that he had hacked its website, according to an online newspaper.Col. Atti Al-Qurashi, spokesman fo...
JEDDAH: The special criminal court has sentenced a former military official to nine years in jail for joining Daesh and traveling to Syria to fight.A fine of SR5,000 was also slapped on him and he was barred from traveling abroad for nine years after...
JEDDAH: Saudi-Indian ties have reached a new high with the arrival of an Indian Air Force (IAF) flying contingent at the King Fahd Air Base in Taif.The mission, comprising more than 100 high-ranking IAF officers and airmen onboard Sukhoi MKI fighter...
RIYADH: A tripartite agreement among the National Handicraft Program, Prisons Department and the Technical and Vocational Training Corp. (TVTC) was recently signed in the presence of Prince Sultan bin Salman, president of the Saudi Commission for Tou...
JEDDAH: British authorities have opened investigations into the plane crash that led to the death of three members of the Binladin family.Investigations depend on the black box which registers the entire plane’s data, including speed, position of mob...
JAZAN: In a tragic accident, a speeding fuel truck caused four deaths and injuries to many people when it collided head on with five cars on the northern entrance of Abu Areesh area of Jazan, according to a website.The truck deviated from its path an...
JEDDAH: Municipal and Rural Affairs Minister Abdul Lateef Al-Asheikh has directed all the municipal authorities to closely scrutinize the election candidates’ credentials to thwart violation of rules.This is to ensure that the candidates meet all the...
Mohammed Mokammel Hossain, labor consul, Bangladesh Consulate, Jeddah * Which particular aspect of Saudi Arabia you like the most? Two Holy Mosques in Makkah and Madinah.* Can you tell us your favorite and oft-repeated Arabic word? Insha’Allah. * W...
RIYADH: Expatriates feel Saudi Arabia is a safer place than their home countries despite the fact that the Kingdom is leading a war against the Yemeni rebels and other terror organizations and a couple of suicide attacks in the recent past. Mahmoud T...
RIYADH: The maximum medical policy or contract for visitors is SR100,000, which covers expenses on emergency treatment, maternity charges, traffic accident injuries, dialysis and medical treatment in or outside the Kingdom. Making the above announce...
JEDDAH: The city and its surrounding areas sweltered on Monday, with the maximum temperature rising to 44 degree Celsius and relative humidity being recorded at 85 percent. The weather department has forecast a similar situation in Jeddah on Tuesday....
JEDDAH: A National Academy for Energy in Dammam and a private technical technical college, both exclusively for women, will be opened in the Easter Province.The General Organization of Technical and Vocational Training is in the process of implementi...
AL-AHSA: Masjid Joatha or Joatha Mosque is a center of attraction in Al-Ahsa with many visitors and tourists thronging the place of worship, which was believed to have been built in the seventh year of Hijri (629 AD).The mosque has been restored as p...

Stay Connected

Facebook