Saudi Arabia and Indonesia call for immediate end to Gaza catastrophe Private sector companies sign pacts worth $27 billion during visit of President Prabowo    Prince Faisal and Marco Rubio discuss over phone regional situation    Saudi Arabia and Indonesia agree to bolster bilateral ties Crown Prince and President Subianto chair first meeting of Saudi-Indonesian Supreme Coordination Council    Number of Sakani platform users exceeds 4.6 million by first half of 2025    International visitors spend nearly SR50 billion in Saudi Arabia during 1Q 2025    Saudi Arabia condemns calls for imposing Israeli sovereignty over occupied West Bank    Lacazette joins NEOM SC as Saudi Pro League newcomers boost attack with French star    Al Hilal sign Abderrazak Hamdallah on loan for Club World Cup push    Trump says Israel has agreed on terms for 60-day ceasefire in Gaza    New evidence suggests Russian forces shot down Azerbaijan Airlines Flight 8243    Iran's president halts cooperation with UN nuclear watchdog, reports say    Commerce Ministry recalls over 88,000 Anker portable chargers over fire risk    Elm, One sign MoU to enhance strategic partnership and support local content in communications and marketing sector    BTS are back: K-pop band confirm new album and tour    Saudi FM receives message from Iranian counterpart    Inzaghi hails 'historic' Al Hilal win over Man City: We climbed a mountain with no oxygen    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    Al Hilal stun Manchester City in seven-goal thriller to reach Club World Cup quarterfinals    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Historic Jeddah's visual identity re-imagined through global art installations at Al-Arbaeen Lagoon    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



TASI slides in October
Published in The Saudi Gazette on 10 - 11 - 2009

Stock markets across the Middle East and North Africa (MENA) region dropped by 1.8 percent in October.
Kuwait was the poorest performing Arab market in October as it lost 6.0 percent bringing year to date losses to 5.6 percent.
The Saudi Tadawul All-Share Index (TASI) lost 53.49 points (0.85 percent) closing at 6,268.55 points in October over the close of the previous month, bringing its year to date gains to 30.5 percent.
On Monday, meanwhile, TASI rose 0.27 percent on Monday to close on 6,272, led by the insurance sector, which climbed 1.84 percent.
Anaam Holding was the day's big gainer, up 9.93 percent to SR74.75, followed by Al Ahlia Insurance, which gained 9.68 percent to SR102. Overall, 69 stocks rose while 40 fell.
Corporate earnings performances remain weak as 40 of the top 70 companies reported a decline in their bottom line compared to the preceding quarter.
However, on an YTD basis, TASI registered a positive return of 30.51 percent.
Highest close level for the index during the month was on Oct. 24 at 6,568.47 points, Tadawul said on its website.
Total equity market capitalization at the end of October 2009 reached SR1.218 trillion ($324.89 billion), or a fall of 0.99 percent over the previous month.
Yet the total value of shares traded for the month of October 2009 reached SR113.93 billion ($30.38 billion), or an increase of 90.88 percent over the previous month. The total number of shares traded increased by 111.31 percent and reached 4.71 billion shares for the month compared to 2.23 billion shares traded during the previous month.
The total number of transactions executed during October jumped by 57.95 percent and reached 2.77 million compared to 1.75 million trades in the preceding month.
Moreover, the total amount of traded shares in the Saudi Stock Exchange In October was SR113.9 billion, Tadawul said, an increase of 90.88 percent from the previous month where the value of the traded shares was SR59.69 billion.
The percentage share of Saudi nationals from the market trades was 91.6 percent for selling at SR104.4 billion and 89.5 percent for buying which at SR102 billion.
The percentage share of Saudi companies from the market trades was 2.1 percent for selling at SR2.364 billion and 3.7 percent for buying at SR4.17 billion.
The percentage share of investment funds from the market trades was 1.9 percent for selling at SR2.128 billion and 2.1 percent for buying at SR2.339 billion.
The percentage share of GCC nationals from the market trades was 1.5 percent for selling at SR1.68 billion and 1.3 percent for buying which at SR1.527 billion.
The percentage share of Arab residence in Saudi Arabia from the shares traded was 1.7 percent for selling at SR1.922 billion and 1.7 percent for buying at SR1.937 billion.
The percentage share of foreign residents in Saudi Arabia from the traded shares was 0.3 percent for selling at SR331.4 million and 0.2 percent for buying at SR234.3 million.
The percentage share of foreigners via swap agreement from the shares traded was 1 percent for selling at SR1.118 million and 1.6 percent for buying at SR1.77 million.


Clic here to read the story from its source.