Tadawul's 3 indices rise in week

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed the week ended Thursday, 21 February 2019 in the red after its benchmark the Tadawul All Share Index (TASI) slumped 78.8 points, or 0.91%, reaching 8,547.48 points, down from 8,626.28 points a week earlier.

TASI’s market capitalisation shed SAR 20.14 billion ($5.37 billion) to SAR 2.026 trillion ($540.3 billion), from SAR 2.046 trillion ($545.67 billion) last week.

The capital goods sector fell 2.43% this week, followed by consumer durables and apparel with 2.12%, while telecommunication services decreased 1.24%, banks declined 1.2%, and materials inched down 0.07%.

On the other hand, the consumer services sector led gainers with 1.79%, while the insurance sector rose 1.2%.

Tadawul's trading value tumbled 17% to SAR 9.95 billion, from SAR 12 billion last week, while traded volume dropped 8%, reaching 458.8 million shares, compared to 499.7 million.

Abdullah Abdul Mohsen Al Khodari Sons’ stock was the worst performer, plunging 16.55%, whereas the Saudi Cable Company’s stock was the best performer with 8.4%.

Al Rajhi Bank’s stock, down 0.6% this week, topped TASI in terms of liquidity with SAR 997.78 million, while Abdullah Abdul Mohsen Al Khodari Sons’ stock led in terms of traded volume with 49.86 million exchanged shares.

Meanwhile, NOMU, the main index of the Nomu secondary market increased 9.53 points, or 0.28%, to 3,440.42 points, recording its ninth weekly growth in a row.

The joint index between Tadawul and MSCI, MT30 index fell 14.66 points, or 1.15%, reaching 1,262.88 points, down from 1,277.54 points a week before.

Mubasher Contribution Time: 21-Feb-2019 14:59 (GMT)
Mubasher Last Update Time: 21-Feb-2019 15:10 (GMT)