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 ...