Saudi indices end Monday on positive note

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in green territory after its benchmark Tadawul All Share Index (TASI) levelled up 21.3 points, or 0.27%, to 8,000.13 points.

TASI’s trading volume stood at 76.56 million shares by the end of Monday’s trading session, up 74.68 million shares on Sunday, while traded value increased to SAR 2 billion ($531.2 million), from SAR 1.8 billion ($476 million).

The food and beverages sector went up 1.1%, followed by banks with 0.4%, and telecommunication services with 0.18%.

On the flipside, the media sector decreased 1.01%, followed by the food and staples retailing and materials sectors with 0.54%, and 0.12%, respectively. 

Saudi Indian Company for Cooperative Insurance’s (Wafa Insurance) stock topped gainers after jumping 9.84%, recording its highest growth rate in 2018, whereas the stock of Saudi Fisheries Company (Al Asmak) tumbled 3.55%.

Alinma Bank’s stock, down 0.27%, led in terms of trading volume after 10.12 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock, up 0.16%, topped in terms of liquidity after generating a turnover of SAR 251.66 million.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, surged 60.05 points, or 2.31%, to finish at 2,659.57 points, registering its highest growth since mid-April.

Thob Al-Aseel Company’s stock topped risers with 4.4%, whereas the stock of Al-Kathiri Holding Company levelled down 5.7%.

Mubasher Contribution Time: 27-Aug-2018 13:36 (GMT)
Mubasher Last Update Time: 27-Aug-2018 13:59 (GMT)