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Article: Saudi stock market cap reaches SR1.77 trillion.
- Article from:
- Arab News (Jeddah, Saudi Arabia)
- Article date:
- July 7, 2008
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Byline: Khalil Hanware
JEDDAH: The Saudi stock market performed well in the first half of this year. The Tadawul All-Share Index (TASI) closed at 9,352.32 points at the end of first half of 2008, up 2,378.75 points or 34.11 percent compared to the same period of the previous year.
The index closed at the highest level of 11,697.01 points on Jan. 12.
Total equity market capitalization at the end of 1st half reached SR1.77 trillion ($473.21 billion), increasing by 59.49 percent over the end of the 1st half of 2007, according to the Saudi Stock Exchange (Tadawul) statistical report for first half of this year. The total value of shares traded ...