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Tadawul share value soars 114% in H1   

Saudi Gazette - 02 July, 2012

Tadawul All Share Index (TASI) closed at a level of 6,709.91 points at the end of the first half 2012, gaining 133.91 points or 2.04 percent over the close of the same period of the previous year.

The total value of shares traded for the 1st half 2012 reached SR1,246.72 billion ($ 332.46 billion), increasing by 113.73 percent over the same period of the previous year.

The total number of shares traded reached 59.66 billion shares during the 1st half 2012 compared to 27.50 billion shares traded during the 1st half of the previous year, an increase of 116.94 percent.

The total amount of traded shares in the Saudi Stock Exchange (Tadawul) reached SR129.16 billion in June, a decrease of 20.65 percent from the previous month where the value of the traded shares was SR162.77 billion.
The stock benchmark Tadawul All Share Index fell 0.07 percent to 6,705.49 at the close Sunday after rallying 1.9 percent Saturday.

Mohammad Al-Mojil Group (MMG) rose 3.2 percent to SR12.85, the highest close in a week after the company signed a SR450 million ($ 120 million) financing agreement with seven local banks.

On an YTD basis, TASI registered a positive increase of 4.55 percent at 292.18 points. Highest close level for the index during the period was 7,930.58 points on April 3.

Total equity market capitalization at the end of the 1st half 2012 reached SR1,337.19 billion ($ 356.58 billion), an increase of 2.27 percent over the end of the first half of the previous year.

The total number of transactions executed during the 1st half 2012 surged by 100.02 percent, reaching 25.89 million, compared to 12.94 million trades during the 1st half of the previous year.

The percentage share of Saudi nationals from the market trades was 94.2 percent for selling which is SR121.68 billion and 90 percent for buying which is SR116.21 billion.

The percentage share of Saudi companies from the market trades was 1.5 percent for selling which is SR1.97 billion and 5 percent for buying which is SR6.44 billion.

The percentage share of investment funds from the market trades was 1.1 percent for selling at SR1.41 billion and 2 percent for buying at SR2.56 billion. The percentage share of GCC nationals from the market trades was 0.7 percent for selling at SR934.81 million and 0.8 percent for buying at SR997.83 million. The percentage share of Arab residence in Saudi Arabia from the market trades was 1.5 percent for selling at SR1.90 billion and 1.5 percent for buying at SR1.90 billion.

The percentage share of foreigners residence in Saudi Arabia from the market trades was 0.2 percent for selling at SR250.38 million and 0.2 percent for buying at SR216.39 million. The percentage share of foreigners via swap agreement from the market trades was 0.8 percent for selling at SR1.02 billion and 0.6 percent for buying at SR837.82 million.
 
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