Saudi Arabian stock alert

SAARAB

CLOSING UPDATE: Al Samaani Factory for Metal Industries soars 14.5% 18 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).

Al Samaani Factory for Metal Industries traded on volume of 0.3 times average today while the price soared SAR9.0 (or 14.5%) to trade at SAR71.0. Compared with the All Share Index (TASI) which fell 0.7 points (or 0.01%) in the day, this represented a relative price increase of 14.5%.

Technical indicators complementing today's significant uptrend:

+ The positive 2.6 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

TODAY'S ALERTS

Afternoon Alert: Al Samaani Factory for Metal Industries soars 14.5%

18 January 2018 14:39 AST

Al Samaani Factory for Metal Industries Co (TASI:9504) traded on volume of 0.5 times average so far today while the price soared SAR9.0 (or 14.5%) to trade at SAR71.0.

Morning Alert: Al Samaani Factory for Metal Industries soars 14.5%

18 January 2018 11:30 AST

Al Samaani Factory for Metal Industries Co (TASI:9504) traded on volume of 0.6 times average so far today while the price soared SAR9.0 (or 14.5%) to trade at SAR71.0.

RECENT ALERTS

CLOSING UPDATE: Al Samaani Factory for Metal Industries down 5.3% in 2 days

17 January 2018 16:47 AST

Al Samaani Factory for Metal Industries extended its slide on Wednesday, shedding an additional 50.0 hallalah (or 0.8%) to trade at SAR62.0. Trading volume was 1.7 times average at the end of the day.

Morning Alert: Al Samaani Factory for Metal Industries down 4.7% in 2 days

17 January 2018 11:30 AST

Al Samaani Factory for Metal Industries Co (TASI:9504) extended its slide on Wednesday, shedding an additional 10.0 hallalah (or 0.2%) to trade at SAR62.40. Trading volume was 1.4 times average so far today.

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

ISIN: SA148H74KG11

PermID: 21604929868

Source: www.BuySellSignals.com