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Tadawul's weekly market cap falls 1.7%
01/12/2024 ِArgaam special Tadawul trading screen Tadawul trading screen The market capitalization of the Saudi Exchange (Tadawul) was down 1.7%, or SAR 173 billion, week-on-week (WoW) to about SAR 9.96 trillion in the week ended Nov. 28, according to data issued by Tadawul. Foreign investors' ownership accounted for 4.01% of the total market capital. Ownership Value by Nationality and Investor Type - (SAR bln) Investor Classification Nov. 21, 2024 Nov. 28, 2024 Change Investors Saudis Retail 161.91 161.02 (0.98) High-Net-Worth Investors 268.15 264.43 (3.72) Individual Professional Investors 488.48 479.90 (8.58) Individual DPMs 10.78 10.64 (0.14) Total (Retail) 929.32 916.00 (3.32)...
Najran Cement, Arabian Cement record 52-week lows
Tadawul trading screen Shares of six Tadawul-listed firms, including Najran Cement Co. and Arabian Cement Co., in addition to units of Jadwa REIT Al Haramain Fund, hit their lowest levels in 52 weeks today, Aug. 8, data compiled by Argaam showed. Stocks/ Units at 52-Week Lows Company/Fund Price (SAR)* Performance in 52 Weeks Thimar 36.65 (50%) Americana** 2.62 (37%) Najran Cement 8.20 (37%) Arabian Cement 24.94 (33%) Saudi Printing 12.36 (29%) SIIG 18.26 (26%) Jadwa REIT Al Haramain** 5.77 (21%) *The lowest price during the session but not the current trading price. **The lowest since debut. For stock prices and...
Bitcoin Is Flying High—These Countries Are Considering a National Reserve
Some countries are mulling a national Bitcoin reserve amid a historic market run-up that has pushed the world’s largest cryptocurrency to new heights in recent weeks. United States President-elect Donald Trump and his allies have repeatedly thrown their support behind a bill to stock the Federal Reserve with the asset, and will soon be in position to potentially make that a reality. Government officials in Brazil have also put forth legislation to realize that possibility, while politicians in Poland and Russia have endorsed the idea of adding the digital currency to their nations’ balance sheets. El Salvador led the charge...