Saudi stock exchange general index rises 1.18%

Saudi financial market (Tadawul)'s general index achieved at the end of April 2014 an increase by 1,18% to close at 9,585.22 points, up 111.51 points, compared to March, while rising 12,30 % since the beginning of 2014. In its statistical report for April 2014 published on its website today, Tadawul said that the ratio of the index's performance from the beginning of the year until the end of the period achieved a positive revenue of 1,049.62 points, or 12.30 %, with the highest point of index's closing during the month on 20 / 04 / 2014 at the level of 9,636.17 points. It pointed out that market value of shares issued at the end of April 2014 amounted to /1,952.48/ billion riyals, equivalent to 520,66 billion U.S. dollars, registering an increase of 1.42 % compared to the previous month, while the total value of shares traded for April about 232.30 billion riyals, or equivalent of 61.95 billion U.S. dollars, up by 19.76 % from the previous month. The report also confirmed that the total number of shares traded for April 2014 was 7.56 billion shares compared with 7.17 billion shares traded during March, up by 5.43%, while the total number of transactions executed during April 2014 reached 3.90 million transactions against 3.01 million transactions implemented in March 2014, up 29.45 %.