Article: Value of Saudi shares falls to SR304.69bn.

Byline: Khalil Hanware

JEDDAH: The Saudi stock market continued its downward march in the first quarter of 2009 after plunging over 55 percent last year.

According to the Tadawul statistical report for the first quarter released yesterday, the Tadawul All-Share Index (TASI) closed at 4,703.75 points, down 4,288.78 points or 47.69 percent at the end of the first quarter compared to the same period of the previous year. The index closed at 4,802.99 points at the end of 2008. The index closed yesterday at 4,717.38 points.

On an YTD basis TASI lost 85.61 points or 1.78 percent. Highest close level for the index during the period was 5,322.22 points ...

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