Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
Economy
 Print  Send This Page
Save Listen to this Article
Real estate, telecom gains support Tadawul rebound   

Arab News - 18 June, 2012

The Tadawul All-Share Index (TASI) retrieved the lost points of Saturday, as it edged higher by 0.44 percent to 6,754.23 points yesterday.

The Real Estate and Telecom sectors were major winners among sectoral indices, which marginally increased by 1.81 percent and 1.51 percent respectively.

The Media & Publishing switched its position from top performer of previous day to the worst performing sector of the day, declining by 1.55 percent.

Most of the trading was concentrated in the Telecom sector, its more than 156.6 million shares were traded yesterday which accounted for roughly 50 percent of the Tadawul volume. The value of these shares reached to SR1.7 billion, a relative market share of 32 percent.

Six out of top ten market cap companies ended the day in green. Etihad Etisalat Co. (Mobily) and SABB performed well relatively, achieving a growth of 2 percent and 1.5 percent respectively.

However, Samba Financial Group slipped 1.1 percent to close at SR45.3.
Market breadth was positive, whereby 97 symbols closed in green and 32 closed in red, while 22 remained unchanged.

Insurance stocks continued to dominate the market performance, filling the top gainer and loser charts consecutively.

Al-Rajhi Insurance and ACE Arabia Insurance were key gainers of the day, surging by 9.9 percent and 9.6 percent respectively.
 
Al Gharbia taps into 
non-oil sector for growth
Source : Khaleej Times  
Date : 2013-05-19
The Western Region Development Council (WRDC), the central coordinating body leading development and promoting opportunity in Al Gharbia, the Western Region of Abu Dhabi, has defined a number of key...
The fine is not the main problem
Source : Kuwait Times  
Date : 2013-05-19
The government has finally joined the demagogic voices that express frustration over the loss of $2.2 billion in fines to Dow Chemical. I made the above statement because people continue...
UAE inflation eases to 
0.9% in April
Source : Khaleej Times  
Date : 2013-05-19
The UAE inflation eased to 0.9 per cent in April as housing and utility costs fell, according to official data on Saturday....
SCLG eyes over 100 countries by 2020
Source : Khaleej Times  
Date : 2013-05-19
Supply Chain and Logistics Group, or SCLG, plans to strengthen its position in supply chain and logistics industry and aims to target over 100 countries by year 2020, its top...
Deal sternly with traders who violate price rules
Source : Gulf Times  
Date : 2013-05-19
The recent announcement by a major retailer that it will sell many essential items either at subsidised or discounted prices during the holy month of Ramadan is laudable....
Atarji highlights investment opportunities to DP World
Source : Saudi Gazette  
Date : 2013-05-19
The Royal Commission of Jubail recently received a delegation from Dubai Ports World led by Mohammed Al Muallem, Senior Vice President and Managing Director, and a number of company officials...
Food market in Saudi Arabia put at $20b
Source : Saudi Gazette  
Date : 2013-05-19
Over 400 food and catering companies will present their products here at the food, hotels and catering exhibition that will kick off at the Jeddah Exhibition and Forum center between...
Izdehar provides opportunity to pitch novel SME ideas
Source : Saudi Gazette  
Date : 2013-05-19
The pitch for investment competition, a highlight of Izdehar SME to be held May 19-21, at the Jeddah Hilton Hotel, under the aegis of Prince Mishaal bin Majed, has...
Food prices continue to rise in Saudi Arabia
Source : Arab News  
Date : 2013-05-19
The Central Department for Statistic and Information (CDSI) released Consumer Price Index (CPI) inflation data for April, showing prices slightly rising to 4 percent year-on-year compared with 3.9 percent in...
Dubai businesses upbeat
Source : Khaleej Times  
Date : 2013-05-19
A majority of businesses, especially small and medium enterprises (SMEs), in Dubai expects higher growth in revenues and profits for the second quarter of the year, a latest survey revealed...
Tadawul index surges over 1.1%
Source : Arab News  
Date : 2013-05-19
It turned out to be largely positive for investors yesterday, as Saudi Arabia's benchmark stock index (TASI) recorded a handsome gain of 1.14 percent, which is the highest intra-day increase...
IDB chief: Islamic banking not confined to Muslim communities
Source : Arab News  
Date : 2013-05-19
The global credit squeeze and recession have made many countries turn to the Islamic Development Bank more than ever to seek help in their development projects, says its President Ahmed...
Tejar Dubai hosts inaugural event to support SMEs
Source : Arab News  
Date : 2013-05-19
Tejar Dubai's first event to support small and medium enterprises (SMEs) was held on Thursday, with the participation of local talents who exhibited their skills in different fields like graphic...
KAEC sees huge influx of foreign investments
Source : Arab News  
Date : 2013-05-19
There is a huge influx of investments in business enterprises and industrial projects in the King Abdullah Economic City (KAEC), says a top official....
Haji Husein Alireza upbeat on SUV sales
Source : Arab News  
Date : 2013-05-19
Haji Husein Alireza & Co. Ltd. (HHA), sole distributor of Geely vehicles across the Kingdom, is all set to launch Geely’s SUV Emgrand X7 model into the Saudi market on...
Iraqi merchants buying Iranian wheat at a higher price
Source : Tehran Times  
Date : 2013-05-19
On Saturday, a number of Iranian MPs criticized the government for buying wheat from farmers at a low price, saying it has encouraged Iraqi merchants to buy wheat from Iranian...
GCC is 13th largest world economy
Source : Emirates 24/7  
Date : 2013-05-19
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest...
Kuwaiti SMEs Fund capital must serve national economy
Source : Kuwait News Agency  
Date : 2013-05-19
The National Small and Medium-sized Enterprises (SMEs) Fund's capital of KD 2 billion remains an important part of public funds that must be used in feasible economic activities with the...
Qatar banks record big asset gains
Source : Gulf Times  
Date : 2013-05-19
Benefitting from Qatar's large public spending programme on the back of higher energy prices and increased gas production, local banks have seen huge asset gains with a 20% compounded annual...
UAE trade surplus to hit $ 90.7 billion
Source : Arab News  
Date : 2013-05-19
The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a...
Total 437 Results in 22 Pages
  10 
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.ae
Tue May 21, 2013| 11-رجب-1434هـ
Wave of attacks kills at least 95 in Iraq
National Water Company to invest SR 50 bn in new projects
Hezbollah in big Syria battle, Obama 'concerned'
UAE sees capital influx
Iran says producing new air defense missile
Rising liquidity 'set to generate greater credit'
Bahrain court jails 9 over terror cell
Oman's GDP grew by 5% in 2012
Saudi Arabia wants coronavirus discussed in WHO session
Yemen oil exports rose 14%
Watchdog hints at Rafsanjani rejection
Call for authority to regulate Saudi real estate market
Comments on nuclear facilities guide invited
Dubai retains its second position as int'l retail hub
'Kuwait needs new rules to safeguard tradition'
India aims to widen basket of exports to Iran
    Newspaper Editorials
Boost for tourism
Another peace bid
More>>  
    Opinions
A changing balance of power
US war on terror will not last forever
More>>  
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    Reports
US Goals and Strategies toward the Arab World
US-Iranian competition: The Gulf military balance - II
More>>  
    Bank Reports
GCC Central Banks Digest - March 2013 - Update
Saudi Chartbook - May 2013
More>>  
    GRC Analysis
Building a Strong Saudi-Japan Relationship
Poor Gulf: Inequality and the Lack of Statistics
Whither GCC-US Relations?
    GRC Commentary
On Relations between Rulers and Citizens: The Need for a New Social/Political Contract in the GCC States
Key Issue Facing the Saudi Ruling House.
    GRC Book Review
Beyond Regionalism? Regional Cooperation, Regionalism and Regionalization in the Middle East
India, GCC and the Global Energy Regime: Exploring Interdependence and Outlook for Collaboration.
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
Asia-Gulf Economic Relations in the 21st Century: The Local to Global Transformation
Assessment of the Security Situation in Iran, Iraq, Yemen, Syria and the Arab Gulf States
China in the Eyes of the Saudi Media
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
Go
      
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:0  |   52-- 52 Middle Page :0  --   | Right : 52 - 52--en--sess-enreq-en-coming