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[size=30]The Saudi bourse is losing $ 4 billion[/size]
25/07/2016 09:55 | Number of Views: 148
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Direction Press / follow-up
Decline in the Saudi capital market traded during the week compared to last week, after the application of new trading commission starting from the meeting on Sunday, which rose 12 riyals per 10 thousand riyals from the value of the deal to 15.5 riyals, and the abolition of the minimum commission any order outlet in the market is equal to or less worth about 10 thousand riyals.
He lost the general index of the market part of the gains it had made during the second week of this month, amounting to 2.49 percent, after declining to a point in 6601 compared to 6661.65 points last week, a loss of 65.66 points or 0.91 percent. With the addition of the recent loss of the loss of the index rise since the beginning of this year to 311 points, or 4.50 percent compared to the end of 2015.
Out of 170 companies were traded, prices of 57 companies rose, while the prices of 111 companies dropped, and preserved by «Saudi Kayan» on trading at 6.99 riyals, and by «Gulf General» at 15.84 riyals, to back down the market value of listed shares in the last five sessions to 1.522 trillion riyals ($ 406 billion), a loss of 15 billion riyals ($ 4 billion), or 0.97 percent.
The market recorded a decline in the rates of performance as a result of price volatility, as cash in circulation fell to 18.3 billion riyals (4.87 billion dollars), or 13.4 percent.
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