Saudi indices go up at Monday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Monday’s trading session with a positive performance after its benchmark Tadawul All Share Index (TASI) levelled up 18.52 points, or 0.22%, to 8,402.04 points.

TASI’s liquidity rose to SAR 3.74 billion ($996.8 million), from SAR 2.47 billion ($658.4 million), while trading volume stood at 173.72 million shares, compared to 104.9 million in the session before.

The telecommunication services sector went up 1.45%, while the banking sector increased 1.05%.

On the flipside, the materials and energy sectors tumbled 1.15%, and 0.74%, respectively.

Mobile Telecommunications Company Saudi Arabia’s (Zain) stock topped gainers after adding 7.36%, while Saudi Kayan Petrochemical Company’s stock was the worst performer after losing 5.36%.

Saudi Steel Pipe Company’s (SSP) stock generated the highest liquidity with SAR 555.66 million, while the stock of Saudi Kayan Petrochemical Company led the main market in terms of traded volume with 33.3 million shares.

In the meantime, the main index of the Nomu secondary market, increased 20.22 points, or 0.72%, to close at 2,845.11 points.

National Building and Marketing Co’s stock led gainers after surging 19.78%, while Al Kathiri Holding Company’s stock led losers with 3.81%.

Mubasher Contribution Time: 21-Jan-2019 13:13 (GMT)
Mubasher Last Update Time: 21-Jan-2019 13:20 (GMT)