Wall Street

Online Stock Market Trading by Ali Al-Mazeed & P.K. Abdul Ghafour

Retail sales, for example, fell sharply in October, but this primarily reflected the impact of lower gasoline sales and underlying spending was firm.

Stock Investing Course Saudi shares dropped 5.48 percent yesterday as the value of all but one of the 72 companies listed on the bourse tumbled.

A bit later the picture was a bit darker for the JPY as industrial production fell sharply from 0.7% 0.6%.

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Stock Investing Game Dec 5, 2004 (AXcess News) Riyadh - Saudi shares dropped 5.48 percent yesterday as the value of all but one of the 72 companies listed on the bourse tumbled, led by a weak performance of blue chip stocks. Analysts attributed the fall to speculative trading and declining oil prices.

how to satisfy the incessant demons on Wall Street to support the stock price. Yesterday on Seattle' the UW's campus public radio station, the naive thought Starbucks needed to spend more on social justice, its baristas, etc. etc. All these ideas spend money rather than return profit. All drive down the stock price. That's not Howard's mission today.

Journal Prime Rate Street Wall The Tadawul All-Shares Index (TASI) closed at 7,711.54 points, down from 8,158.52 points in the morning, according to its website. Saudi Basic Industries Corporation (SABIC) and Saudi Telecom Company (STC), each representing 20 percent of the market capitalization, lost 8.62 percent and 5.35 percent, respectively.

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Stock Market News "With oil prices coming down, the market thinks it's time for a correction," said one Riyadh banker, who predicted the index might lose 10 to 12 percent in all. "The market has just gone up a bit too much in the last month," he added.

Stock Investing Basics Global crude prices shed more than 13 percent in the three days to Friday, triggered by news of an unexpectedly sharp gain in US petroleum stockpiles.New York's main contract, light sweet crude for delivery in January, fell 71 cents to $42.54 a barrel. In three days, New York crude tumbled 13.4 percent and Brent North Sea crude dropped 79 cents to $39.36 - a 13.5 percent decline in three days.But analysts also put the blame for falling prices on big sales made by major speculators and dealers, who hold 30 to 40 percent of stocks. These players had abandoned the market for sometime in the hope of making purchases at lower prices.Advertisement

Stock Investing Software The Arab world's biggest market was led downward by a fall in petrochemical giant SABIC, the largest listed firm in terms of capitalization, which shed more than seven percent at one stage. Samba Financial Group also fell about seven percent.

Stock Market Trading "The market has been rallying for the last 11 or 12 weeks," said Abdul Wahab Abu-Dahesh, senior economist at Riyad Bank.

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