By Mohammed Abu Meleeh
Riyadh-Mubasher Exclusive: Saudi Stock Exchange (Tadawul) has witnessed some historical events in 2104 - one of the most volatile years.
Biggest point loss since 2008
The benchmark TASI dropped by 6.51% or 706.1 points to 10145.38 pts in the first session after Eid al-Adha holiday, compared to 10851.48 pts in the last session before the holiday. Accordingly, the index recorded the biggest loss in points since the onset of the global financial crisis, as the gauge shed 9.81% or 731.9 pts after the exchange resumed trading after Eid ul-fitr holiday on October 6, 2008.
Biggest point gain since 2006
TASI rose 681.65 pts on Dec. 18, the biggest gain in points since July 17, 2006 when it added 904.23 pts.
One of the historical rise percentages
The index increased by 8.92% on Dec. 18, one of the highest rise percentages in the market’s history. It rose by 9.85% on May 13, 2006, 9.51% (Nov. 29, 2008) and 9.47% on Oct. 13, 2008.
Biggest loss percentage since 2008
TASI plunged by 7.27% on Dec. 16, its biggest loss since Nov. 15, 2008 when it dipped 7.40%.
Biggest fluctuation since 2008
The gauge fluctuated within 727.94 pts on Oct. 12, the biggest volatility range since Oct. 6, 2008 when it fluctuated within 727.94 pts.
Highest level since 2008
The benchmark reached 11159.5 pts on Sept. 9, its highest level since Jan. 20, 2008 when it hit 11561 pts.
Biggest buy/sell difference
Foreigners recorded a buy/sell difference of SAR 1.88 billion through swaps in July 2014, as their buying and sell transactions amounted to SAR 3.53 billion and SAR 1.65 billion respectively. Thus, this was the biggest net foreign buying since the announcement of foreign trading through swaps in March 2009.
Biggest sell/buy difference
Foreigners recorded a sell/buy difference of SAR 1.59 billion through swaps in June 2014, as their buying and sell transactions amounted to SAR 1.66 billion and SAR 3.25 billion respectively. Thus, this was the biggest net foreign selling since the announcement of foreign trading through swaps in March 2009.
Biggest IPOs in six years
Six companies went public in 2014, with SAR 22.65 billion capital divided into 2.26 billion shares. Investors subscribed to 587 million shares, or 25.9% of total offered shares. Their combined proceeds amounted to SAR 25.23 billion. The number of shares floated this year represents 13.5 of the 78.98 shares offered in the last seven years.
Translated by Abdul Maguid Aboshahla
Photo Credit: Arabianeye-Reuters
Riyadh-Mubasher Exclusive: Saudi Stock Exchange (Tadawul) has witnessed some historical events in 2104 - one of the most volatile years.
Biggest point loss since 2008
The benchmark TASI dropped by 6.51% or 706.1 points to 10145.38 pts in the first session after Eid al-Adha holiday, compared to 10851.48 pts in the last session before the holiday. Accordingly, the index recorded the biggest loss in points since the onset of the global financial crisis, as the gauge shed 9.81% or 731.9 pts after the exchange resumed trading after Eid ul-fitr holiday on October 6, 2008.
Biggest point gain since 2006
TASI rose 681.65 pts on Dec. 18, the biggest gain in points since July 17, 2006 when it added 904.23 pts.
One of the historical rise percentages
The index increased by 8.92% on Dec. 18, one of the highest rise percentages in the market’s history. It rose by 9.85% on May 13, 2006, 9.51% (Nov. 29, 2008) and 9.47% on Oct. 13, 2008.
Biggest loss percentage since 2008
TASI plunged by 7.27% on Dec. 16, its biggest loss since Nov. 15, 2008 when it dipped 7.40%.
Biggest fluctuation since 2008
The gauge fluctuated within 727.94 pts on Oct. 12, the biggest volatility range since Oct. 6, 2008 when it fluctuated within 727.94 pts.
Highest level since 2008
The benchmark reached 11159.5 pts on Sept. 9, its highest level since Jan. 20, 2008 when it hit 11561 pts.
Biggest buy/sell difference
Foreigners recorded a buy/sell difference of SAR 1.88 billion through swaps in July 2014, as their buying and sell transactions amounted to SAR 3.53 billion and SAR 1.65 billion respectively. Thus, this was the biggest net foreign buying since the announcement of foreign trading through swaps in March 2009.
Biggest sell/buy difference
Foreigners recorded a sell/buy difference of SAR 1.59 billion through swaps in June 2014, as their buying and sell transactions amounted to SAR 1.66 billion and SAR 3.25 billion respectively. Thus, this was the biggest net foreign selling since the announcement of foreign trading through swaps in March 2009.
Biggest IPOs in six years
Six companies went public in 2014, with SAR 22.65 billion capital divided into 2.26 billion shares. Investors subscribed to 587 million shares, or 25.9% of total offered shares. Their combined proceeds amounted to SAR 25.23 billion. The number of shares floated this year represents 13.5 of the 78.98 shares offered in the last seven years.
Translated by Abdul Maguid Aboshahla
Photo Credit: Arabianeye-Reuters
Source:
Mubasher Exclusive
