Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in the green after its main Tadawul All Share Index (TASI) soared 139.84 points, or 1.9%, reaching 7,609.65 points, registering its highest growth rate since 3 June.
TASI’s traded volume stood at 142.02 million shares, compared to 116.83 million on Sunday, while the primary market's liquidity increased to SAR 2.88 billion, from SAR 2.32 billion.
The banking sector levelled up 3% after the stocks of National Commercial Bank’s (NCB) and Samba Financial Group rose 7.2% and 5.8%, respectively.
The food and staples retailing sector gained 2.9%, followed by the energy sector with 2.6%, and the materials sector with 1.5%.
On the flipside, the utilities sector fell 1.7%, while the healthcare sector inched down 0.97%.
Saudi Kayan Petrochemical Company’s stock topped gainers with 8.1%, whereas the stock of Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) was the worst performer with 4.8%.
Dar Al Arkan Real Estate Development Co’s stock led in terms of traded volume after 34.06 million shares were exchanged, while Saudi Basic Industries Corporation’s (SABIC) stock generated the highest liquidity with SAR 411.75 million.
In the meantime, NOMU, the benchmark index of the Nomu secondary market, went down 2.16 points, or 0.09%, to finish at 2,497.34 points.
Nomu’s trading volume fell to 33,400 shares, from 61,850 on Sunday, while its turnover declined to SAR 398,120, from SAR 690,280.
Development Works Food Co’s (DWF) stock tumbled 4.4%, while Raydan Co’s stock decreased 2%, whereas Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock rose 4.5%.
Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock was the most active after 21,600 shares were exchanged, generating a turnover of SAR 203,280.
