Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Agriculture sector advances 1.3  Join our daily free Newsletter

MENAFN - Arab News - 22/08/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab News) The Saudi stock market continued its positive movement and managed a fourth straight rise on Wednesday accumulating more than 56 points.

The Tadawul All-Share Index (TASI) set out with 5.6 points fall but subsequent trading sent it higher to close at 10716.24 points adding 0.53 percent for the entire day.

Large cap remained prominent posting a growth of 0.8 percent. Ten out of Tadawul's 15 sectors closed the day up reflecting a collection of 670 points. Agriculture & Food Industries made the biggest jump posting a reasonable growth of 1.3 percent to 12788.05.

Banks & Financial Services sector followed it advancing more than one percent. Most of heavyweights extended gains where Riyad Bank surging by 4.31 percent and Saudi British Bank 3.46 percent.

On the worst side Insurance sector logged the largest losses falling more han one percent to close at 1476.33.

Advancing stocks outnumbered decliners by a margin of 75 to 65 and the prices of 22 companies remained unchanged.

Al-Jouf Agriculture Development Co. (9.31 percent) and Filing and Packing Materials Manufacturing Co. (6.17 percent) showing notable gains became the top performers among all Saudi stocks.

FIPCO appeared to be the most liquid stock for the day pumping SR720 million into the market. Qassim Agriculture Co. topped the volume chart and liquidated 27.6 million shares but finished to the downside. Interestingly the company volume went 19.6 times high over its 50-day average.

Share trading activity remained high as compared to previous day; turnover went up by 10 percent on volume basis and 11 percent in terms of liquidity.

More than 284 million shares worth SR10.8 billion were liquidated at Tadawul.


Arab News

  MENA News Headlines
 Oct 21 2016 - Loan demand in UAE to grow in Q4MENAFN
(MENAFN) The demand for lending by businesses is predicted to grow in the last quarter of this year after facing a decline from March to Sep end period.Moreover, 40 percent respondents see demand for ...

 Oct 21 2016 - Egypt's economy to grow by 3.5pctMENAFN
(MENAFN) Egypt's economy will grow to 3.5 percent in the 2016-2017 years, missing the government"s target of almost 5 percent.The country has been struggling to stimulate its economy amid severe ...

 Oct 21 2016 - Saudi's Kingdom Holding posts 38.3pct fall in profitMENAFN
(MENAFN) Saudi Arabia's Kingdom Holding recorded a 38.3 percent decline in third quarter net profit.Moreover, the firm's revenue reached USD48.0mn in the cited period, against 291.5mn riyals a year ...

 Oct 21 2016 - Pause in strikes on Aleppo holds into second day AFPGulf Times
(MENAFN - Gulf Times) A pause in Russian and Syrian strikes on Aleppo was holding for a second day yesterday, ahead of a brief unilateral ceasefire aimed at allowing civilians and rebels to quit the ...

 Oct 21 2016 - 'East Aleppo ceasefire has begun, promises safe exit'Gulf Times
(MENAFN - Gulf Times) * Syrian army says corridors opened for rebels and civilians * Rebels say preparations under way for major assault on army The Syrian military said on Thursday a ...

 Oct 21 2016 - Lebanon detains 8 Syrians for plotting attacksGulf Times
(MENAFN - Gulf Times) Lebanon has detained eight Syrians accused of plotting suicide bomb attacks at popular tourist spots and on Lebanon's United Nations peacekeeping force, Lebanon's intelligence ...

 Oct 21 2016 - Missiles fromYemen injures Saudi civiliansGulf Times
(MENAFN - Gulf Times) A number of civilians in the southern Saudi Arabian province of Jazan have been injured by missiles fired from Yemen, the Saudi civil defense unit was quoted as saying by the ...

 Oct 21 2016 - Deadly Turkish raids on US-backed Kurd fightersGulf Times
(MENAFN - Gulf Times) Turkish warplanes carried out deadly strikes on US-backed militias in northern Syria, including Syrian Kurdish fighters, a monitor said Thursday, action that is likely to raise ...

 Oct 21 2016 - Use truce to leave Aleppo, junta tells local residentsGulf Times
(MENAFN - Gulf Times) A 'humanitarian pause” in the Syrian army";s Russian-backed assault on Aleppo took effect yesterday, but despite a drop in violence there was little sign residents were ...

 Oct 21 2016 - For Kenya's child brides, school offers a break from traditionMuscat Daily
(MENAFN - Muscat Daily) Halima's future at 13 was foretold: A pastoralist's daughter, she was married to a man 12 years her senior. Next would surely come the first of many pregnancies, and a life ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help