Tasi index loses little


Saudi Stock Exchange - Tadawul All Shares Index
7,526.26 -0.03 0.00%
28/04/2009 00:00 AST  Bayt.com
Top Related Companies
SABIC
93 -0.25 -0.27%
 
RJHI
71 -0.25 -0.36%
 
STC
40.1 0.10 0.25%
 
KINGDOM
19 0.25 1.33%
 
EEC
79.25 -0.75 -0.94%
 

The Saudi Tasi stock-index closed 0.36% lower at 5,420.79 points. The sector index covering Media and Publishing lost 3.21% as a the top losing segment. The advertising industry in the GCC is under sever pressure. This forced e. g. Forbes Arabia to cease its operations. Kingdom Holding posted the largest loss (down 8.08%). Market bellwether Sabic declined by 1.67%. As it occured frequently since the beginning of 2008, an insurance operator bucked the negative trend: Walaa Insurance gained 9.96%.

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