Saudi Arabian stock alert

SAARAB

CLOSING UPDATE: Yanbu Cement inches higher, resistance at 12-day EMA 16 January 2018 16:47 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).

Yanbu Cement, Saudi Arabia's 3rd largest cement company by market capitalisation, has increased 1.1% but fell short of the 12-day Exponential Moving Average [EMA] of SAR32.88. Compared with the All Share Index (TASI) which rose 48.3 points (or 0.7%) in the day, this represented a relative price increase of 0.4%.

TODAY'S ALERT

Afternoon Alert: Yanbu Cement inches higher, resistance at 12-day EMA

16 January 2018 14:38 AST

Yanbu Cement Co. (TASI:3060) has increased 0.9% but fell short of the 12-day Exponential Moving Average [EMA] of SAR32.87.

RECENT ALERTS

Morning Alert: Yanbu Cement keeps sliding: down 4.4% in 5 days

15 January 2018 11:27 AST

Yanbu Cement Co. (TASI:3060) extended its slide on Monday, shedding an additional 5.0 hallalah (or 0.2%) to trade at SAR32.35. Trading volume was 1.1 times average so far today.

CLOSING UPDATE: Yanbu Cement decreases 1.2% - underperforming 96% of stocks

14 January 2018 16:47 AST

Yanbu Cement, Saudi Arabia's 3rd largest cement company by market capitalisation, has decreased 40.0 hallalah (or 1.2%) today to trade at SAR32.40 and has underperformed 96% of the market in the past week. Compared with the All Share Index (TASI) which rose 64.5 points (or 0.9%) in the day, this represented a relative price change of -2.1%.

Yanbu Cement Co. (SA:3060; SAU:3060; AB:3060)

ISIN: SA0007879519

PermID: 4295887319

Source: www.BuySellSignals.com