Saudi Arabia: TASI drops 2% during August
At the end of August 2009 TADAWUL All Share Index (TASI) closed at a level of 5,660.89 points, lost 117.25 points (2.03%) over the close of the previous month. On an YTD basis TASI registered a positive return of 17.86%. Highest close level for the index during the month was 5,887.19 as on 10/08/2009.
Total equity market capitalization at the end of August 2009 reached SR 1,097.91 billion (US$ 292.78 billion), decreased by 1.35% over the previous month.
The total value of shares traded for the month of August 2009 reached SR 79.63 billion (US$ 21.23 billion), decreasing by 20.68% over the previous month.
The total number of shares traded reached 2.87 billion shares for the month of August 2009 compared to 3.72 billion shares traded during the previous month, decreasing by 22.83%. The total number of transactions executed during August 2009 reached 2.73 million compared to 3.13 million trades for the month of July 2009, decreasing by 12.90%.
Number of trading days during August 2009 were 23, against 21 trading days during July 2009.