VOL. XLVI

No 15

14-April-2003

SAUDI ARABIA

Saudi Arabias TASI Reaches Record High

The Tadawul All-Share Index (TASI) reached a record high of 3,016 at the end of the first trading session on 8 April as the market continued the climb of the last few weeks. According to a press release, TASI has now climbed nearly 500 points from its 2002 year-end close of 2,518.08. The previous record high was 2,927.23, achieved in May 2002. On 7 April the daily value of shares traded also reached a new high of...