• Index spends the day in the red zone

    10/03/2010

    Index spends his day in the red zone
     
    General Index of the Saudi market yesterday recorded a decline during his second week unconscious 23-point decline of 0.36 per cent to close at point 6530, by doing so it has lost 30 points in the last two sessions, and subsequently the index declined to 408 points since the beginning of the year a rise of 6.7 per cent.

    The general index spent yesterday's session in the red zone without losing it, where it opened trading down tried to reduce its losses, but did not succeed in order to deepen backward after an hour and a half of trading, touches the point 6518 and a minimum during a meeting before that reduces part of the losses on the closure.

    Trading value recorded at the end of the session 2.5 billion riyals, down about 11 per cent of the values of trading during yesterday's meeting, which amounted to 2.8 billion riyals, and the amounts of which have been circulated on 98.9 million shares made through the implementation of the 68 thousand transactions
    In the case of the performance of the four sectors have risen while the rest are issued soaring insurance sector was up 1.48 percent, gaining 15.26 points, followed by multi-sector investment was up by 0.72 per cent gaining 18.56 points, while the media sector rose 0.61 percent, gaining 10.89 points..
    On the other hand, it may issue a low cement sector was down 0.80 percent, losing 34.53 points, followed by the construction sector was down 0.67 percent, losing 25.96 points, while the agriculture sector declined by 0.63 per cent losing 35.07 points.

    As for the sectors share the values of trading has made the insurance industry market sectors where the share of traded sector of the values increased by 24.10 per cent of 590.7 million riyals from a total of 2.5 billion riyals achieved by the market yesterday, followed by the petrochemical sector accounted for 20.65 per cent of the total value traded value of 506.1 million riyals, while the banking sector has accounted for 16.50 per cent followed by the agriculture sector accounted for 7.65 per cent, while the remaining segments of the market to 31.1 per cent of the total value traded yesterday.

    By the end of trading it was 138 paper and 67 paper, saw a decline compared with a rise of 45 paper issued by real estate shares declines 2.29 per cent to 25.6 riyals as the price slump in 2010, followed by the paper industry, down by 1.93 per cent to 50.75 riyals price on the second round respectively, and then Saudi Fransi shares down to 1.49 percent to the price of SR 46.2 second round red, respectively
    Al Inma Bank on a relative stability closed at a price of 12.75 real topping the list of the most active in terms of size and values of transactions and trading volume reached 23.51 million shares valued at 299.82 million riyals to 3.47 a distributed transaction.
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    Saudi Basic Industries «SABIC» comes in second in the list of the most active in terms of trading value amounted to 151.43 million values of Real, he scored the first down arrow after an absence of nine rounds slope end trading at 92 riyals, down 0.54 per cent. The Kingdom Holding shares came in second in the list of the most active in terms of transaction volume amounted to 8.34 million shares, gaining 2.11 percent to the price of 9.75 riyals after an absence of gains on the box for 18 rounds
    AlSaqer Insurance shares headed the list for green, up 9.79 per cent to 48.2 riyals price as the highest increase since August 2009, and shares of United Insurance was up 9.64 per cent to 42.1 riyals price as the highest increase since last February, followed by the Astra industrial shares average was up 3.99 per cent to 41.9 riyals price touching its highest level since the beginning of September last year.

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