Article: Value of Saudi shares traded falls to SR1.64 trillion.

Byline: Khalil Hanware

JEDDAH: The Saudi stock market has continued to stay in negative territory so far this year after falling over 40 percent in 2007. Despite the Capital Market Authority's (CMA's) various confidence-building measures, at the end of the first nine months of this year, the Tadawul All-Share Index (TASI) closed at 7,458.50 points, down 354.62 points or 4.54 percent over the close of the same period of the previous year.

On an YTD basis TASI lost 3,580.16 points or 32.43 percent. Highest close level for the index during the period was 11,697.01 points on Jan.12.

The Saudi Stock Exchange has successfully launched and implemented ...

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