Abdul-Maqsoud Khoja Street in Jeddah to be converted into a cultural platform    King of Bahrain Makes Phone Call to Russian President    Bahrain Condemns Terrorist Attack on Educational Center in Kabul    Wall Street Closing    Saudi Minister of Culture meets Iraqi counterpart in Mexico    The Ministry of Finance Announces the Pre-Budget Statement for 2023 with Expenditures Estimated at SAR1,114 billion and Revenues of SAR1,123 billion    Putin announces Russian annexation of four Ukrainian regions    19 women, 2 men qualify as Kingdom's first yogasana referees    13 elements of Saudi cuisine added to Slow Food catalog    Saudi Central Bank permits 4 new FinTech firms to operate under Regulatory Sandbox    China is main destination for Saudi exports Growth in bilateral trade    Saudi Arabia evacuates citizens hit by Hurricane Ian    Jewish sect members held in Mexico escape after overpowering guards    Australia ends Covid isolation rule as it moves beyond 'emergency phase'    Saudi Ministry of Human Resources wins two SGCA awards    Movies return to Kashmir with Hrithik Roshan-starrer    Wall Street Closing    UK Economy Grew in Q2, Revised Data Shows    1,200 publishing houses showcase titles as Riyadh Book Fair kicks off    Investment Minister Chairs the Saudi Side during Meeting of Trade and Investment Committee between Saudi Arabia and China    Bahrain Stock Exchange Indices Close Trading Higher    CITC, National Telecommunications Agency of Brazil Sign MoU    Prince Badr affirms Saudi Arabia's appreciation for UNESCO's efforts    FSDP sets SR45 target for individual insurance Medical insurance will increase to 45%    FSC Holds Meeting with Delegation from World Affairs Councils of America    Royal Commission for Jubail and Yanbu Signs Investment Agreements worth over SAR7 Billion    Body of famed US climber found on Mt Manaslu in Himalayas    Yoga introduced to Saudi universities    Pregnant woman and her fetus rescued after being run over in Jeddah    Islamic Minister Al-Sheikh: Juristic judgment catalyst to salvage Islamic Ummah    Federer bows out of tennis with final match    Culinary Arts Commission Registers 13 Foods on Slow Food List of Endangered Food    Australian Football League: Racism allegations prompt calls for inquiry    F1 returns to Jeddah in 2023 March    72% of Children Globally have been Victims of Cyber Threats    Australian football club hit by 'harrowing' racism, bullying claims    Saudi National Football Team Continues Preparations for Friendly Match against Ecuador    Saudi Futsal Team Beats San Marino, Wins Silver in Croatian International Championship    During 2nd Global AI Summit.. AI-powered Early Breast Cancer Detection Program Launched    Triple talaq: India Muslim women in limbo after instant divorce ruling    Film Commission Reviews Film Industry Prospects in Saudi Arabia at Venice International Film Festival    Saudi national volleyball team loses to Kyrgyzstan in Asian Challenge Cup final    Saudi national volleyball team beats Uzbekistan, qualifies for the final of the Asian Challenge Cup    Ka'aba door bears witness to Saudi rulers' care for the House of God Kaaba' door, repentance' door contain more than 280 KG of pure gold    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    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    

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.