Saudi stock index falls on Almarai

06/04/2011 00:00 AST

The Saudi bourse fell for a third day Tuesday, with the first of the earnings results disappointing investors, and Air Arabia dropped to an all-time low in Dubai on a dividend price adjustment.

Almarai Co. shed 1.1 percent after it posted a first-quarter net profit gain of just 0.5 percent. “Almarai’s numbers disappointed due to pressures from rising raw material prices,” said Amro Halwani, a senior trader at Shuaa Capital in Riyadh.

Saudi Electricity fell 5.3 percent after it went ex-dividend.

Saudi stock benchmark Tadawul All Share Index eased 0.9 percent to 6,548 points. Elsewhere, Dubai measure slipped 0.7 percent to 1,538 points. Abu Dhabi benchmark fell 0.4 percent to 2,590 points.

Egypt benchmark eased 0.4 percent to 5,470 points. Oman index edged 0.3 percent higher to 6,290 points. Qatar index gained 0.4 percent to 8,496 points.

Kuwait measure climbed 0.04 percent to 6,304 points.

Bahrain index added 0.3 percent to 1,418 points.


Saudi Gazette

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Stock Market Info

TASI 7,871.67 71.90 (0.92%)

Valuation

Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Performance
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Index vs...
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Index Chart

Top Related Companies

Ticker Price Change
SABIC 114.77 0.02 (0.01%)
STC 83.41 2.09 (2.57%)
NCB 64.98 0.35 (0.54%)
RJHI 76.03 0.78 (1.03%)
SECO 20.62 0.12 (0.58%)

Recent News

Foreign investors pile into Saudi Arabia in March amid kingdom's FTSE upgrade

05/04/2018

Foreign investors bought $1.18 billion in Middle East and North African equities in March, especially Saudi ones amid the kingdom’s upgrade to emerging market status by FTSE Russell, according to a r

The National

Muscat bourse gains lifted by activity in financial shares

05/04/2018

Buying activity in financials lifted the MSM30 Index to 4,794.61 points, up 0.41 per cent. The MSM Sharia Index closed at 676.52 points, down 0.08 per cent. Gulf Investment Services was the most acti

Times of Oman

Dubai bourse takes a hit in traded value

05/04/2018

Traded value on the Dubai Financial Market tumbled on Wednesday as global stocks declined amid an intensifying US-China trade war. In Abu Dhabi, banking shares surged ahead of first quarter results s

Gulf News

Financial blue chips drive Muscat bourse recovery

04/04/2018

Driven by financial blue chips, the MSM30 Index continued its recovery to close at 4,775.27 points, a gain of 0.53 per cent. The MSM Sharia Index ended at 677.06 points, down 0.07 per cent. HSBC Bank

Times of Oman

Emaar Properties stock hits new one-year low

04/04/2018

Emaar Properties shares extended losses for another session on Tuesday, to hit their lowest level in a year, as selling continued on the wider Dubai gauge. Emaar Properties fell to a low of Dh5.58, b

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap