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Bank Of America Investment by Basil Al Ghalayini

The strong rally in the stock market is fueling euphoria by keeping consumers happy despite an uncertain economic outlook.

Investment Opportunity The Saudi stock market had an excellent year, boosted by strong economic growth, excess liquidity, positive corporate results and stronger investor confidence.If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.

Up the ladder are corporate bonds...then the stock market...and some of the most popular investments these days...Mutual Funds.

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Buy High, Sell Higher How many times have you heard the phrase, "buy low, sell high" This is the conventional wisdom in the investment world, but research shows you shouldn't be concerned with that part about buying low. Let's walk through this one step at a time. performing stocks make new highs before they make their major leaps in price. Moreover, stocks at new highs tend to continue moving higher, while stocks making new lows tend to continue to move even lower.

Banking Investment Dec 14, 2004 (AXcess News) Jeddah - I always feel good and optimistic once I enter my office and start starring at the majestic, calm red sea from my window on the 5th floor of Al Mukmal Plaza.

Practical rule book for becoming an investment professional by William J. O'Neil. step investment system to help you find the best stocks. Order Now Guide to the Markets Explains how the performance of stocks, mutual funds, options, futures, bonds, and the economy have shaped the outcome of markets over the past century.

Investment Solution Strategic Why not? This year has been the best for BMG especially after its listing a month ago as a full-fledged investment bank and after taking three family groups (of the Top 100 Saudi Companies) public.

The largest share of final demand at around 70%/$44 Billion, comes from jewellery, accounting India, the world’s largest gold jewellery market by volume for around 555 t, followed in terms of consumption demand by the United States, the global second largest gold jewellery market with 306 t, China with 302 t, the Middle East (Saudi Arabia, Dubai), Turkey and Italy. Gold trade is a chief driver of economic diversification in the Gulf region, exported 287 t into the vigorous Arab and Indian markets. The industrial and dental uses account for around 12% of gold demand, while investment demand is estimated at 18%, around $11, 3 Billion.

Investment Banking Services The Saudi stock market had an excellent year, boosted by strong economic growth, excess liquidity, positive corporate results and stronger investor confidence.The BMG All Shares Index finished the year up almost 60 percent to close at 15,300 points. Market capitalization was up 110.14 percent from a year earlier to stand at SR1,300 billion (about $346.7 billion).

Bank Investment The new entrants in 2006 will include the third mobile operator, Saudia Airlines plus 2 other private ones, 10 new insurance companies of which 2 are reinsurance, 3 fast food chains, 6 family business groups, 3 investment banking firms, 2 tour operators, 3 hospitals, 2 polyclinics groups, a pharmaceutical chain, 2 environmental related companies.Advertisement

Alternative Investment New entrants this year represent almost 150 percent increase from new additions in 2005. The telecom and industrial sectors witnessed another divesture by the government reducing its stakes to 40 percent in STC and to 30 percent in Saudi Basic Industries Corp. (SABIC). In the newly privatized companies, the government will maintain only 25 percent stake.

Online Investment Services Six companies accounted for almost 55 percent of total market capitalization including: Saudi Telecom Co. (STC), SABIC, Ettihad Itisalat, Saudi Electricity Company, National Commercial Bank and Al-Rajhi Banking & Investment Corp. (ARABIC).

Accompany Essential Investment The Saudi stock market still is the largest in the Arab world in terms of capitalization.

Investment Company The noticeable increase in trading volume has been triggered by the newly licensed brokerage houses coupled with a new breed of equity research reports.New brokerage firms are providing even more competitive services that those of the existing banks.Three companies have approached the debt market by issuing corporate bonds, all of which have been rated by the powerful agencies; Moody's, S&P and Fitch. These bonds are offered to the local and international markets.(Basil Al Ghalayini is chief executive officer of BMG Financial Advisors.)

Investment Management Solution Source: ArabNews

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