Sunday, Feb 27, 2011
Gulf News
Jazan Development tops gainers list
Dubai: Yesterdays trade on the Saudi stock exchange in Riyadh sent the Tadawul All-Share Index (Tasi) 0.21 per cent lower to 6,263.79. Oil, petrochemical and construction shares fell the most.
The biggest loser of the day was Kingdom Holding, sliding 6.42 per cent to 8.75 Saudi riyals, still suffering from the failed deal with Kuwaits telecom company Zain. Other losers were Al Baha Investment and Tabuk Agriculture.
The gainers were topped by Jazan Development, rising 4.55 per cent to 18.40 riyals, followed by Saudi Export and household appliance maker Al Hassan Ghazi Ebrahim Shaker.
The most traded stock by value was Saudi Basic Industries Corporation (Sabic), which fell 0.77 per cent to 96.25 riyals. By volume, Alinma Bank led the ranking but ended, however, unchanged.
Gulf News Report
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