27/04/2011
TASI rises slightly to 6,686.3 points
Daily Market Commentary
Saudi Arabia's index ended flat as investors await more cues after first-quarter earnings are priced in.
The Tadawul All-Share Index (TASI) rose slightly to 6,686.3 points on Tuesday. The stock market turnover reached SR5.53 billion on Tuesday.
Mideast markets saw muted trade on Tuesday in the absence of institutional players while solid earnings had little effect in the United Arab Emirates where markets closed lower.
Dubai's index fell to a 12-day low on thin volumes and Emaar Properties extended losses. The developer reported a 45 percent fall in first-quarter earnings on Sunday.
