Saudi Arabian stock alert

SAARAB

CLOSING UPDATE: Al Samaani Factory for Metal Industries up 6.2% in 2 days 18 October 2017 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).

Al Samaani Factory for Metal Industries extended its gains on Wednesday, rising an additional SAR2.60 (or 4.8%) to trade at SAR56.30. The shares have risen SAR3.30 (or 6.2%) over the past two trading days vs. the All Share Index (TASI) which has fallen 0.5% in the same period.

Note

Bearish Signals:

The negative 1.77 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The price sank 4.9% in the last month.

TODAY'S ALERTS

Afternoon Alert: Al Samaani Factory for Metal Industries up 6.2% in 2 days

18 October 2017 14:36 AST

Al Samaani Factory for Metal Industries Co (TASI:9504) extended its gains on Wednesday, rising an additional SAR2.60 (or 4.8%) to trade at SAR56.30. The shares have risen SAR3.30 (or 6.2%) over the past two trading days vs. the All Share Index (TASI) which has fallen 0.3% in the same period.

Morning Alert: Al Samaani Factory for Metal Industries up 6.2% in 2 days

18 October 2017 11:28 AST

Al Samaani Factory for Metal Industries Co (TASI:9504) extended its gains on Wednesday, rising an additional SAR2.60 (or 4.8%) to trade at SAR56.30. Trading volume was 6% of average so far today. The shares have risen SAR3.30 (or 6.2%) over the past two trading days vs. the All Share Index (TASI) which has fallen 0.3% in the same period.

Al Samaani Factory for Metal Industries Co (SA:9504; SAU:9504; AB:9504)

ISIN: SA148H74KG11

PermID: 21604929868

Source: www.BuySellSignals.com