amwalalghad :: Saudi Shares Snap 4-Day Losing Streak On Oil; Dar Al Arkan Jumps

Your English Portal To Arab Economy

Alexandria Spinning & Weaving    1.04        Middle Egypt Flour Mills   7.13        Egyptian Real Estate Group   11.54        Palm Hills Development Company   2.29        Pioneers Holding   3.98        Modern Company For Water Proof   1.64        Sinai Cement   18.91        Commercial International Bank    34.59        Orascom Telecom Holding (OT)   4.62        Prime Holding   1.29        National Real Estate Bank for    17.55        T M G Holding   4.16        Egyptian International Pharmac   42.62        Egyptian Kuwaiti Holding   0.99        Ezz Steel   9.83        Medinet Nasr Housing   24.54        Ismailia National Food Industr   8.35        Egyptian Financial Group-Herme   9.19        Ceramic & Porcelain   3.94        Egyptian Electrical Cables   0.67        Egyptian Iron & Steel   10.42        Egyptian Arabian (cmar) Securi   0.47        Citadel Capital - Common Share   3.31        Gulf Canadian Real Estate Inve   27.54        Egyptians Abroad for Investmen   4.25        Acrow Misr   21.6        Canal Shipping Agencies   12.16        Arab Cotton Ginning   3.54        Egyptian for Tourism Resorts   0.92        Sharkia National Food   5.06        General Company For Land Recla   27.45        Egyptian Media Production City   3.09        Maridive & oil services   1.02        El Shams Housing & Urbanizatio   3.29        Six of October Development & I   20.38        Raya Holding For Technology An   5.31        Orascom Development Holding (A   3.87        National Development Bank   8.16        El Ahli Investment and Develop   7.25        Delta Insurance   5.96        Cairo Oils & Soap   16.41        Remco for Touristic Villages C   2.18        Credit Agricole Egypt   11.05        Sidi Kerir Petrochemicals   13.1        Upper Egypt Flour Mills   50.4        Misr Beni Suef Cement   45.99        Rakta Paper Manufacturing   6.96        Upper Egypt Contracting   1.05        Asek Company for Mining - Asco   9.51        Egyptian Chemical Industries (   10.43        Cairo Pharmaceuticals   20.03        El Kahera Housing   6.13        Cairo Poultry   10.05        ELSWEDY CABLES   20        ARAB POLVARA SPINNING & WEAVIN   2.93        Misr Duty Free Shops   3.44        Extracted Oils   0.79        Ismailia Misr Poultry   3.87        Giza General Contracting   17.45        Telecom Egypt   13.53        Alexandria Mineral Oils Compan   67.67        Egypt for Poultry   2.05        Nozha International Hospital   31.71        Egyptian Financial & Industria   9.22        Oriental Weavers   22        United Arab Shipping   0.63        Kafr El Zayat Pesticides   26.97        GMC GROUP FOR INDUSTRIAL COMME   2.01        International Agricultural Pro   2.86        El Nasr For Manufacturing Agri   13.82        El Ezz Porcelain (Gemma)   2.84        Grand Capital   5.94        El Nasr Transformers (El Maco)   7.41        South Valley Cement   4.07        United Housing & Development   9.16        Egyptians Housing Development    2.88        Arab Gathering Investment   24.82        National company for maize pro   15.01        Arab Aluminum   28.01        Delta Construction & Rebuildin   5.72        El Arabia for Investment & Dev   0.45        Egyptian Transport (EGYTRANS)   10.26        Heliopolis Housing   22.17        Housing & Development Bank   14.64        Minapharm Pharmaceuticals   27.9        Misr Hotels   30        Orascom Construction Industrie   234.43        Northern Upper Egypt Developme   7.67        Sharm Dreams Co. for Tourism I   6.8        Union National Bank - Egypt "    4.65        Arab Real Estate Investment (A   0.46        Eastern Tobacco   100        Faisal Islamic Bank of Egypt -   41.79        Egyptian Real Estate Group Bea   24.36        GB AUTO   27.48        Egyptian Company for Mobile Se   125.94        Samad Misr -EGYFERT   5.25        Gharbia Islamic Housing Develo   13.28        Egyptian for Developing Buildi   10.23        Paper Middle East (Simo)   7.26        Export Development Bank of Egy   6.03        Naeem Holding   0.22        Delta Sugar   12.06        Misr Chemical Industries   6.59        Egyptian Starch & Glucose   8.77        EL Ezz Aldekhela Steel - Alexa   468.07        Mansourah Poultry   15.81        Arab Valves Company   1.47        National Societe Generale Bank   27.8        Universal For Paper and Packag   6.87        Alexandria Cement   11.86        TransOceans Tours   0.11        Faisal Islamic Bank of Egypt -   7.01        Zahraa Maadi Investment & Deve   51.91        Lecico Egypt   7.93        Egypt Aluminum   15.9        Cairo Development and Investme   15.85        Suez Canal Bank   4.65        Alexandria Flour Mills   15.78        General Silos & Storage   15.08        Rowad Tourism (Al Rowad)   7.4        Mena Touristic & Real Estate I   1.69        National Cement   11.87        Pyramisa Hotels   16.75        Middle & West Delta Flour Mill   32.46        The Egyptian Company For Mobil   103.14        Al Arafa Investment And Consul   0.19        Assiut Islamic Trading   5.65        El Arabia for Land Reclamation   18.84        El Nasr Clothes & Textiles (Ka   0.64        Engineering Industries (ICON)   4.75        Natural Gas & Mining Project (   72.5        North Cairo Mills   16.43        Misr Cement (Qena)   67.94        Arab Ceramics (Aracemco)   24        Arab Pharmaceuticals   14.14        Abou Kir Fertilizers   135.58        International Co For Investmen   24.55        Egyptian Saudi Finance Bank   13.43        El Kahera El Watania Investmen   6.71        El Watany Bank of Egypt   16.84        Glaxo Smith Kline   9.46        Torah Cement   26.66        Paint & Chemicals Industries (   41        Egyptian Gulf Bank   1.38        East Delta Flour Mills   33.22        UTOPIA   7.09        Al Moasher for Programming and   1.05        Naeem portfolio and fund Manag   2.26        Barbary Investment Group ( BIG   1.08        Tourism Urbanization   7.3        Cairo Investment & Real Estate   13.86        South Cairo & Giza Mills & Bak   25        Development & Engineering Cons   9.57        Alexandria Containers and good   91.5        El Arabia Engineering Industri   15.62        

Saudi Shares Snap 4-Day Losing Streak On Oil; Dar Al Arkan Jumps


Published Saturday, 14 July 2012 16:54 | Written by Amwal Al Ghad

PDF
Print
E-mail

Saudi Arabian shares snapped a four- day losing streak after oil prices gained and Dar Al Arkan Real Estate Development Co. (ALARKAN) said holders of its $1 billion Islamic bonds will be repaid July 16.

Dar Al Arkan, which plunged 20 percent last week, advanced the most since March 24. Mobile Telecommunications Co. Saudi Arabia (ZAINKSA), the mobile-phone company known as Zain Saudi, surged 5.2 percent. The benchmark Tadawul All Share Index (SASEIDX) rose 0.6 percent, the most since July 3, to 6,701.09 at the close in Riyadh.

U.S. stocks rose for the week and oil prices advanced 3.1 percent last week to $87.10 a barrel amid investor speculation China, the world’s second-largest economy, may take more measures to stimulate growth. Saudi Arabia is the world’s biggest exporter of crude oil.

Related news

“Globally there is some recovery in oil prices and some of the sentiment from these international events is reflected in today’s activity,” said Asim Bukhtiar, a head of research at Riyad Capital.

Dar Al Arkan surged 9.8 percent to 8.95 riyals. The company, Saudi Arabia’s largest publicly traded property developer, said it transferred the money to Deutsche Bank AG and sukuk holders will receive the funds on July 16, according to a regulatory filing today.

Zain Saudi jumped as much as 8.9 percent to 13.5 riyals before trimming gains to close at 13.05 riyals.

Bloomberg

Money Markets Videos »

شاهد الفيديو

UFXMarkets *Daily Forex Currency Trading News* 13-June-2012

شاهد الفيديو

Global Economy `Modestly' Improving; Oil Price; Fed

شاهد الفيديو

Marketfield's Aronstein on Stock Market Strategy

شاهد الفيديو

UFXMarkets *Daily Forex Currency Trading News* 6-June-2012