TASI adds 36 pts, Nomu grows at close Tuesday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Tuesday in the green after its benchmark Tadawul All Share Index (TASI) increased 36.43 points, or 0.46%, to 8,036.56 points.

TASI’s trading volume stood at 90.18 million, up from 76.84 million shares on Monday, while traded value rose to SAR 2.08 billion, from SAR 1.99 billion.

The energy sector levelled up 2.3%, followed by consumer durables and apparel with 1.9%, pharmaceuticals with 1.8%, telecommunication services with 1.3%, materials with 0.7%, and banks with 0.3%.

On the flipside, the utilities sector lost 0.8%, while real estate management and development shed 0.5%.

Saudi Steel Pipe Company’s (SSP) stock was the best performer after growing 10%, whereas Emaar The Economic City’s stock decreased 2.3%.

Alinma Bank’s stock topped in terms of traded volume after 12.24 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock led in terms of liquidity after generating SAR 310.06 million.

In the meantime, the main index of the Nomu secondary market, NOMU, went up 27.56 points, or more than 1%, reaching 2,687.13 points.

Nomu’s liquidity amounted to SAR 2.47 million, compared to SAR 1.24 million in the previous session, while traded volume surged to 152,670 shares on Tuesday, from 54,670 shares on Monday.

Development Works Food’s stock led gainers with 6.3%, whereas the stock of Arab Sea Information System was the worst performer with 3.2%.

Abo Moati for Bookstores’ stock led the parallel market's activities after 86,430 shares were exchanged at a turnover of SAR 924,900.

Mubasher Contribution Time: 28-Aug-2018 13:26 (GMT)
Mubasher Last Update Time: 28-Aug-2018 13:40 (GMT)