Lack of catalysts, neutral market breadth in Riyadh

August 12, 2014 6:43 pm


The Saudi Stock Exchange saw its Tadawul All-Share Index falling by 0.07 per cent to close at 10,588.89 points on Tuesday, Aug. 12. The advance-decline ratio ended in absolute neutral territory as 73 shares gained while 73 stocks lost value.

Al Hammadi Company For Development and Investment gained the most as the firm which was newly listed in June, finishing 9.97 per cent higher at SAR94.

The market’s most valuable firm Saudi Basic Industries Corporation or SABIC slipped 0.33 per cent to SAR129.

Gerard Al-Fil

By