Nazaha starts probe into corruption charges against 268 government employees in April    Saudi Heritage Commission partners with Kanazawa University for archaeological studies    Saudi Arabia sees 16% increase in net direct foreign investment    Saudi Vision 2030 report highlights client satisfaction with judicial services at 97%    Prince Bader and Ammar Altaf open the sixth edition of Automechanika Riyadh    GASTAT: Saudi non-oil activities record 2.8% growth in 1Q of 2024    Gaza hostage's mother pleads for ceasefire deal    NYC police raid Columbia University building occupied by Gaza protesters    Rising Hindu nationalism leaves Muslims fearful in India's holy city    Boy, 14, killed in London sword attack    AI powered Arabic Intelligence Center launched in Riyadh    Al-Hilal beats Al-Ittihad in heated King's Cup semi-final    Infinix GT 20 Pro flagship launch: Revolutionizing esports-level gaming and ushering in a new era of the holistic gaming universe    Saudi Electricity Company gains regulatory approval for increased weighted average cost of capital    SFDA: Breast-milk substitute products are sugar-free complying with Saudi specifications    Saudi Olympic team exits U-23 Cup in quarterfinals, loses Paris 2024 Olympics dream    Al Hilal triumphs over Al Fateh in a fierce 3-1 clash at Kingdom Arena    Al Shabab overpowers Al Ittihad with a 3-1 victory in Jeddah    'Zarqa Al Yamama': Riyadh premieres first Saudi opera    Australian police launch manhunt for Home and Away star Orpheus Pledger    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    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.



Gulf markets retreat in April, led by Kingdom
Published in The Saudi Gazette on 03 - 05 - 2012

The total amount of traded shares in the Saudi Stock Exchange reached SR270.09 billion in April 2012, a drop of 15.41 percent from the previous month where the value of the traded shares was SR319.28 billion, Tadawul said on its website Wednesday.
Stock benchmark Tadawul All Share Index (TASI) closed at 7,558.47 points in April, losing 3.53 percent or 276.68 points over the previous month.
On an YTD basis, TASI registered 17.77 percent increase of 1,140.74 points. Highest close level for the index during the month was 7,930.58 points recorded on April 3.
Total equity market capitalization at the end of April 2012 reached SR1,481.36 billion ($395.03 billion), decreased by 3.78 percent over the close of the previous month.
The total value of shares traded for the month of April 2012 reached SR270.09 billion ($72.02 billion), decreased by 15.41 percent over the previous month.
The total number of shares traded reached 12.69 billion shares in April 2012 compared to 15.02 billion shares traded for the previous month, a drop of 15.52 percent.
The total number of transactions done reached 5.15 million compared to 5.61 million trades in March, or a fall of 8.26 percent.
GCC stock markets retreated in April, losing 3.2 percent following an increase of 6 percent in March and 7.6 percent in February, Kuwait Financial Centre (Markaz) said Wednesday.
Qatar, which lost 1.2 percent in April, was the only GCC market with a YTD loss. Oman remained in the green, and witnessed a 3.2 percent gain last month.
Volume was down 25 percent MoM in the GCC and value traded also decreased 18 percent to $77 billion. Bahrain (-70 percent) witnessed the largest drop in liquidity over the month and Saudi Arabia which accounted for 91 percent of GCC's total value traded registered an 18 percent drop.
Risk in the GCC (as measured by the Markaz Volatility Index - MVX) was up 38 percent in April. Risk in Saudi was up 48 percent for the month while MVX Abu Dhabi shed 44 percent.


Clic here to read the story from its source.