Saudi Stock Weekly Review

  Saudi Market down drastically.   TASI plunged by 395.15 points and closed at 10 153.30.   Total trading plummeted by 26.85% and restricted to SR 14.02 billion Investors lost SR 381 billion in form of Market capitalization.    Market capitalization closed below SR 10 trillion.   By : Ghias Uddin , MBA                       Saudi Market remained under influence of US market and was down drastically.    TASI fluctuated within 403 points and closed at 10153.30 depicting reversal of 395.15 points on WoW basis. One of the reasons for low volume was also that last week had 4 working days, Market was closed on 22 nd February due to Foundation Day. All the indictors were down.    Numbers of trades were down by 27.48% while volumes plunged 55.11%. The Value of trade plummeted by 26.85% and con...

Weekly closing turned to Positive.   TASI improved by 136.29 points and closed at 10 548.45.   Investors gained SR 183 billion in form of Market capitalization.    Market capitalization crossed SR 10 trillion.   By : Ghias Uddin , MBA                     Weekly closing turned to positive.   TASI fluctuated within 225 points and closed at 10548.45 depicting improvement of 136.29 points on WoW basis.  Numbers of trades increased by 1.39% while volumes were down by 5.03%. Value of trade increased slightly by 1.42%% and summed to SR 19.10 billion .Due to increase of prices the Investors gained SR 183 billion in form of market capitalization. The market capitalization once again crossed SR 10 trillion and reached to SR 10.118 trillion. Saudi Aramco turnover reduced slightly by 1.81% and totaled to SR 757 million. Howe...

Negative trend continues in Tadawul.   TASI down by 289.663 points (2.71%) and closed at 10 412.16. Investors lost SR 120 billion in form of Market capitalization.    Trading value plummeted by 8.03% and down to SR 18.90 billion     By : Ghias Uddin , MBA                     Negative trend continues in Tadawul.  TASI fluctuated within 291 points and closed at 10412.16 depicting loss of 289.63 points (2.71%) on WoW basis.  Most of the parameter closed in positive zone.  Numbers of trades and volumes increased by 2.51% % and 12.96 % respectively. Trading value plummeted by 8.03% and restricted to SR 18.90 billion. Nevertheless, due to reduction of prices the investors lost SR 120 billion in form of market capitalization. Saudi Aramco turnover increased by 13.71% and totaled to SR 771 million. Number of trades and volume...

Weekly closing turned to negative.   TASI down by 119.964 points and closed at 10 701.79. Investors lost SR 101 billion in form of Market capitalization.    Market indicators showed improvement. Trading value amplified by 14.76% and reached SR 20.56 billion     By : Ghias Uddin , MBA                     Federal Reserve increased interest rate by 0.25% (25 basis points) At the same time SAMA also increased the Interest rate by 0.25%. This was double dose and has negative impact on Saudi Stock market.   TASI fluctuated within 208 points and closed at 10701.70 depicting negative closing by 119.96 points on WoW basis. All indicators are improving but prices were down. Numbers of trades and volumes increased by 17.17% and 19.57% respectively. Value of trade amplified by 14.76% and reached to SR 20.56 billion. However due ...

Week closed in positive zone.  TASI up by 139.64 points and closed at 10 821.65 Investors gained SR 180 billion in form of Market capitalization.    The Market Capitalization of Tadawul crossed SR 10 trillion and reached to SR 10,156 billion        ( US$ 2.708 trillion)  Trading Value declined by 7.03%%.      By : Ghias Uddin , MBA                     Last week TASI fluctuated within 145 points and at the end closed at 108215.65 showing positive closing by 139.64 points on WoW basis. However, market performance remains sedative as most of the indictors were down. Numbers of trade and volumes were down by 8.06% and 10.20% respectively. Total trading valve declined by 7.03% and limited to SR 17.91 billion. Saudi Aramco played important role in increasing the market capitalization and thus the in...

Weekly closing turned to negative. Index down by 62.21 points and close at 10682.01 . Most of the indicators were down. Trading declined by 11.41%.     By : Ghias Uddin , MBA                     In USA tight labor market indicates that Federal Reserve will maintain its aggressive polices to hike interest rates that will turn the economy into recession. Therefore, Stocks markets in USA are taking precautions and showed downward trend at the end to the week. The meeting of Central bank is expected next month to review the Interest rates. It is expected that Tadawul will go in same direction as of US Markets, therefore Investors need to be cautious. Last week TASI fluctuated within 229 points and at the end closed at 10682.01 showing decline by 62.21 points on WoW basis. Most of the indictors were down. Numbers of trade and volumes were down by 11.18% and 12...