Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) advanced 1.07% or 61.67 points on Wednesday to close at 5,801.65 points; thus it continued a three-day uptrend in which it gained 4.38% or 243.7 points, paring most of the losses seen in the preceding five sessions.
Today’s liquidity amounted to SAR 5.6 billion, down from SAR 6.4 billion generated yesterday. Traded volume also declined to 310 million shares from 376 million shares.
Sectors were in green, topped by industrial investment (+4.38%), followed by multi-investment (+3.82%), construction and building (+2.81%). The banks sector inched up by 0.33%, while real estate development rose by 0.37%.
Al Rajhi Bank stock, which has the most effect on the main index movement, fell by 0.04%, while giant petrochemical producer SABIC advanced by 1.12%. NCB dipped 0.03%, while Savola, Jabal Omar and STC rose by 1.52%, 0.39% and 0.53% respectively.
147 stocks moved higher, topped by Maadaniyah (+9.99%), then Wataniya (+9.97%), SIECO (+9.85%), Electrical Industries (+9.81%), and Ace (+9.75%). Meanwhile, 18 other stocks moved lower led by Jarir (-1.95%), then Saudi Hollandi (-1.58%) and SABB (-1.12%).
