Friday, February 15, 2013

Market cap rises to SR1.45 trillion


Saudi Arabia's benchmark stock index turned green last week, recovering entirely from previous week’s losses and again crossing 7,000-points mark.

The TASI continued stepping its way higher throughout the week to close in the green at 7,062.98 points, up 80 points or 1.15 percent, from its previous weekend close at 6,982.89 points. It performed within a trading range of 88.6 points last week. On year-to-date basis, the index showed a collection of 262 points or 3.85 percent.

Total market capitalization of Saudi stock exchange increased to SR1.45 trillion as compared to previous week's value, an increase of 1.2 percent. Med cap outperformed among the market cap indices, posting a weekly growth of 1.7 percent.    


Read more: http://www.gulfbase.com/news/market-cap-rises-to-sr1-45-trillion/229281

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