TASI soars 102 pts, Nomu up at Sunday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Sunday in the green after its benchmark Tadawul All Share Index (TASI) surged 1.38%, or 101.6 points, to 7,439.64 points, registering its highest level since September 2017.

TASI’s trading volume stood at 203.2 million shares on Sunday, against 166.74 million on Thursday, while liquidity increased to SAR 3.85 billion ($1.03 billion), from SAR 3.03 billion ($808.53 million).

The diversified financials sector rose 4.02%, followed by banks with 1.96%, materials with 1.37%, and telecommunication services with 0.75%.

The transportation sector inched down 0.64% and energy edged down 0.39%.

Ash Sharqiyah Development’s stock jumped 9.41%, reaching SAR 48.70, whereas Saudi Arabia-based Etihad Atheeb Telecommunication’s (Go) stock tumbled 6.12 to SAR 6.44.

Dar Al Arkan Real Estate Development’s stock, up 8.48%, topped TASI in terms of traded volume and value after 74.75 million shares were exchanged, with a turnover of SAR 833.25 million, closing Sunday at SAR 11.38.

In the meantime, the main index of the Nomu-Parallel Market, NOMU, levelled up 0.33%, or 9.91 points, closing at 3,029.66 points.

Al-Omran Industrial Trading’s stock grew 1.82% to SAR 16.80, whereas Development Works Food’s stock fell 4.4%, to SAR 63.

Mubasher Contribution Time: 14-Jan-2018 13:29 (GMT)
Mubasher Last Update Time: 14-Jan-2018 13:32 (GMT)

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