February 2008: Saudi stock market up by 6%
At the end of February 2008, TADAWUL All Share Index (TASI) closed at a level of 10,291.47 points rising 616.45 points at a growth rate of (6.37%) over the close of the previous month. On an YTD basis TASI lost 884.49 points (7.91%).
Highest close level for the index during the month was 10,351.03 as on 25/02/2008.
Total equity market capitalization at the end of February 2008 reached SR 1.85 trillion (US$492.44 billion), increasing by 5.96% over the previous month. The total value of shares traded for the month of February 2008 reached SR 216.87 billion (US$57.83 billion), decreasing by 34.17% over the previous month.
The total number of shares traded reached 5.30 billion shares for the month of February 2008 compared to 8.08 billion shares traded during the previous month, decreasing by 34.36%. The total number of transactions executed during February 2008 reached 4.94 million compared to 6.30 million trades for the month of January 2008, decreasing by 21.55%.