Saudi Arabian stock alert

SAARAB

CLOSING UPDATE: Mouwasat Medical Services in 8th consecutive fall, nears a 20-month low 20 September 2018 16:49 AST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

This is an end of day Alert, produced after today's Saudi Arabian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Mouwasat Medical Services, Saudi Arabia's 2nd largest retailer company by market capitalisation, slipped further on Thursday, sliding an additional SAR2.10 (or 2.7%) to trade at SAR75.30. The stock decreased 0.76% on Tuesday and 1.02% on Wednesday bringing its 8-day fall to 8.5%. It is now approaching its 427-day low of SAR74.0. Compared with the All Share Index (TASI) which rose 38.7 points (or 0.5%) in the day, this represented a relative price change of -3.2%.

TODAY'S ALERTS

Afternoon Alert: Mouwasat Medical Services in 8th consecutive fall, nears a 20-month low

20 September 2018 14:38 AST

Mouwasat Medical Services Company (TASI:4002) slipped further on Thursday, sliding an additional SAR1.90 (or 2.5%) to trade at SAR75.50. The stock decreased 0.76% on Tuesday and 1.02% on Wednesday bringing its 8-day fall to 8.3%. It is now approaching its 412-day low of SAR74.0.

Morning Alert: Mouwasat Medical Services drops 2.1%, leads Retailing sector lower

20 September 2018 11:26 AST

Mouwasat Medical Services Company (TASI:4002) has dropped 2.1% to trade at SAR75.80 vs. the Retailing sector which weakened 124.2 points (or 0.7%) to 17,540.1. Representing a weighting of about 14.9% of the sector, the stock accounted for 44.0% of today's loss. The shares have underperformed 97% of the market in the past week. Trading volume was 1.4 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Mouwasat Medical Services decreases 1.0%, led Retailing sector lower

19 September 2018 16:49 AST

Mouwasat Medical Services, Saudi Arabia's 2nd largest retailer company by market capitalisation, has decreased 1.0% to trade at SAR77.40 vs. the Retailing sector which weakened 22.9 points (or 0.1%) to 17,664.3. Representing a weighting of about 15.1% of the sector, the stock accounted for the loss. The shares have underperformed 95% of the market in the past week. Trading volume was 1.7 times average at the end of the day. Compared with the All Share Index (TASI) which rose 86.2 points (or 1.1%) in the day, this represented a relative price change of -2.2%.

Afternoon Alert: Mouwasat Medical Services in 7th consecutive fall, nears a 12-month low

19 September 2018 14:37 AST

Mouwasat Medical Services Company (TASI:4002) slipped further on Wednesday, sliding an additional 60.0 hallalah (or 0.8%) to trade at SAR77.60. The stock decreased 1.25% on Monday and 0.76% on Tuesday bringing its 7-day fall to 5.7%. It is now approaching its 246-day low of SAR75.40.

Mouwasat Medical Services Company (SA:4002; SAU:4002; AB:4002)

ISIN: SA12C051UH11

PermID: 5000432495

Source: www.BuySellSignals.com