TASI breaks 3-session decline, Nomu 13 pts at Monday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday with positive performance after its benchmark Tadawul All Share Index (TASI) added 27.36 points, or 0.35%, to 7,942.43 points, ending three consecutive declines. 

TASI’s trading volume reached 90.25 million shares on Monday, down from 91.7 million on Sunday, whereas the market's liquidity registered its highest level in seven sessions after rising to SAR 2.23 billion, from SAR 2.01 billion.

The real estate management and development sector increased by 1.7%, followed by the telecommunication services sector with 1.1%.

The insurance, materials and banking sectors added 1%, 0.33%, and 0.25%, respectively. 

On the flipside, the healthcare sector fell 0.9%, while the retailing sector inched down 0.6%.

Saudi Steel Pipe Company’s (SSP) stock rose 7.7%, whereas Al Alamiya for Cooperative Insurance’s stock fell 4.6%.

Alinma Bank’s stock led in terms of trading volume after 24.06 million shares were exchanged, generating a turnover of SAR 508.5 million.

In the meantime, NOMU, the main index of the Nomu secondary market, declined for the second consecutive session after dropping 12.8 points, or 0.5%, to finish at 2,676.07 points.

Nomu’s traded volume hit 30,550 shares on Monday, down from 235,160 on Sunday, while the secondary market's liquidity plunged to SAR 444,560, from SAR 3.64 million.

Raydan Co and Baazeem Trading Co stocks’ levelled down 2% and 1.8%, respectively.

Raydan’s topped Nomu in terms of traded volume after 13,570 shares were exchanged, with a turnover of SAR 177,890.

Mubasher Contribution Time: 03-Sep-2018 13:36 (GMT)
Mubasher Last Update Time: 03-Sep-2018 13:45 (GMT)