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Stock Investing Course (AXcess News) Washington - The Saudi stock index continued climbing Friday as the Tadawul All Share Index (TASI) was just over 10 points away from reaching the 15,000 point threshold, Arab News reported.The index closed 31.27 points higher at 14,989.37.

"After being deprived of access to justice for years in U.S. military detention, they may face continued incarceration with no legal process in Saudi Arabia, " the organization charged. The 16 will be jailed upon their return to Saudi Arabia. Some may eventually go on trial if there is evidence against them, or they could be released after a judicial review. An estimated 100 Saudis are still being held at Guantanamo, some of them for more than four years.

Stock Market Game The Banking index gained 166.32 points to close at 32,595.41 as shares of most of the banks rose except the Saudi British Bank (SABB), Samba Financial Group and Bank Albilad which showed minor declines.

Saudi Arabia recently freed three former Guantanamo Bay detainees after they completed their jail sentences, according to the state news agency, SPA. The three had been handed over by the US last year. At least five other Guantanamo detainees were freed by Saudi Arabia last year after completing jail sentences. Meanwhile, the Center for Religious Freedom, part of Freedom House, a nonprofit group in Washington that seeks to encourage democracy, released a new study claiming that intolerance continues to pervade religious education in Saudi public schools.

Stock Investing Game The Telecom, Insurance and Agricultural indices also edged higher while the Industrial, Cement, Services and Electricity indices dropped slightly.

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Journal Prime Rate Street Wall Shares of Filing & Packing Materials Manufacturing Co. jumped by 10 percent yesterday to close at SR473, followed by Eastern Agriculture by 8.80 percent to SR222.50, Saudi Industrial Services Co. (SISCO) by 8.01 percent to SR246, National Gypsum Co. by 5.77 percent to SR1,270 and Saudi Pharmaceutical Industries and Medical Appliances Corp. by 5.65 percent to SR668.75.

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Stock Market News However, shares of Saudi Arabian Amiantit Co., the National Shipping Co. of Saudi Arabia and Saudi Public Transport Co. declined by 1.54 percent at SR320.25, 1.24 percent at SR337.50 and 1.19 percent at SR249, respectively.

Stock Investing Basics Petrochemical giant Saudi Basic Industries Corp. shares also fell slightly yesterday to close at SR1,653.

Stock Investing Software However, Saudi stock experts have expected that the index would reach 15,500 points when third quarter results of companies appear showing good profits. If the results are bad, then it would affect the prices of small companies as their prices are inflated, Asharq Al-Awsat Arabic daily quoted the experts as saying. They said most of the dealers would be looking at the performance of leading companies including SABIC and petrochemical firms.

Stock Market Trading Ahmed Al-Ghamdi, a financial analyst, told Arab News thatSaudi stocks are attracting all types of investors due to their profitability. He said that many new investors do not knowwhich companiesthey should invest in order to gain profits and avoid risk. As a result, the prices of even new companies listed on the bourse jumped four to five times within a few months.

Stock Investing For Dummy Source: ArabNews

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