Wealth Management by

Tadawul bourse trades in no man’s land

March 16, 2014 5:58 pm

The Tadawul All Share Index closed 0.08 per cent lower to reach 9,373.87 points on Sunday, March 16, due to a lack of catalysts. The market’s bellwether SABIC slipped by 0.43 per cent to SAR116. Saudi Automotive Services Company (SASCO) surged by four per cent to close at SAR28.60. Atheeb Telecom was the most active share by value, finishing a lacklustre session 3.90 per cent higher at SAR17.35. Approximately 295 million shares worth SAR7.46 billion changed hands.

Gérard Al-Fil