25 May 2015
JEDDAH: Saudi Arabia's benchmark Tadawul All-Share Index ended Sunday's trading in the red at 9,732.52 points, down 35.57 points or 0.36 percent from its previous day close.
It plunged to a maximum of 1.08 percent during the day.
Large cap suffered worst of market cap indices, the GulfBase said in its market commentary.
Sectoral indices performed in a mixed fashion, with eight sectors accumulating an aggregate of 335 points and seven sectors trimming 470 points collectively.
The losses made by the Petrochemical Industries (-1.28 percent) and Telecommunication & Information Technology (-0.92 percent) being offset by rise in Industrial Investment (+1.31 percent) and Transport (+1.01 percent).
Petrochemical flagship Saudi Basic Industries Corp. (SABIC) dipped 2.52 percent to SR 102.48. But SABIC topped the value chart, pumping over one billion Riyals into the market.
The total number of falling stocks exceeded to the total number of rising stocks by a margin of 93 to 72.
Share price of Arabian Shield Cooperative Insurance dived to a decline of 3.91 percent, closing the day at SR 43.56.
On the other positive side, Saudi Industrial Development Co. showed the best performance among all Saudi stocks, soaring up 9.8 percent to SR 20.15.
Interestingly, the company volume was 4.5 times high over its 50-day average.
BUPA Arabia for Cooperative Insurance hit a fresh all-time high SR244.25, up 7.56 percent to SR 241.2.
Most of the trading was concentrated in Alinma Bank with 23 million shares, capturing 9.1 percent of Tadawul volume.
Market activity was a little low for the day; specifically 252.4 million shares worth SR8.2 billion were liquidated at Tadawul.
This turnover reflects a daily decrease of 45.6 percent on volume basis and 32.8 percent in terms of liquidity.
JEDDAH: Saudi Arabia's benchmark Tadawul All-Share Index ended Sunday's trading in the red at 9,732.52 points, down 35.57 points or 0.36 percent from its previous day close.
It plunged to a maximum of 1.08 percent during the day.
Large cap suffered worst of market cap indices, the GulfBase said in its market commentary.
Sectoral indices performed in a mixed fashion, with eight sectors accumulating an aggregate of 335 points and seven sectors trimming 470 points collectively.
The losses made by the Petrochemical Industries (-1.28 percent) and Telecommunication & Information Technology (-0.92 percent) being offset by rise in Industrial Investment (+1.31 percent) and Transport (+1.01 percent).
Petrochemical flagship Saudi Basic Industries Corp. (SABIC) dipped 2.52 percent to SR 102.48. But SABIC topped the value chart, pumping over one billion Riyals into the market.
The total number of falling stocks exceeded to the total number of rising stocks by a margin of 93 to 72.
Share price of Arabian Shield Cooperative Insurance dived to a decline of 3.91 percent, closing the day at SR 43.56.
On the other positive side, Saudi Industrial Development Co. showed the best performance among all Saudi stocks, soaring up 9.8 percent to SR 20.15.
Interestingly, the company volume was 4.5 times high over its 50-day average.
BUPA Arabia for Cooperative Insurance hit a fresh all-time high SR244.25, up 7.56 percent to SR 241.2.
Most of the trading was concentrated in Alinma Bank with 23 million shares, capturing 9.1 percent of Tadawul volume.
Market activity was a little low for the day; specifically 252.4 million shares worth SR8.2 billion were liquidated at Tadawul.
This turnover reflects a daily decrease of 45.6 percent on volume basis and 32.8 percent in terms of liquidity.
© Arab News 2015
