Riyadh – Mubasher: The banks’ shares topped the largest-weight list on the Saudi Stock Exchange (Tadawul) by the end of the first quarter of 2017.
The 30 largest-weight stocks in Tadawul include eight shares in the banks sector, accounting for 26.7%, according to Mubasher statistics.
Al Rajhi Bank led Tadawul’s largest-weight list, acquiring 12.8%, followed by SABIC which came second with 8.66%.
Jabal Omar took the third place with 5.45%, followed by the National Commercial Bank (NCB), Saudi Telecom Co (STC), and Samba Financial Group with 3.98%, 3.07%, and 3.06%, respectively.
Four stocks each registered a percentage less than 1%, between 0.94% and 0.88%, namely Bupa Arabia, Tawuniya, Dar Al Arkan, and Sahara Petrochemicals.
