Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday’s session up after its benchmark Tadawul All Share Index (TASI) surged 0.95% or 78.75 points to finish at 8,335.35 points.
TASI’s trading volume stood at 255.83 million shares on Monday, up from 208.5 million on Sunday, while traded value increased to SAR 5.68 billion ($1.51 billion), from SAR 4.41 billion ($1.18 billion).
The media sector jumped 9%, followed by pharmaceuticals with 2.45%, telecommunication services with 2.07%, banks with 1.08%, and materials with 0.72%.
On the flipside, the real estate management and development sector edged down 0.33%, while the retailing segment shed 0.28%.
The Saudi Research and Marketing Group’s stock was the best performer with 9.95% to close Monday at SAR 102.40, whereas the stock of Saudi Cement Co tumbled 3.39% to SAR 50.40.
The Saudi Basic Industries Corporation’s (SABIC) stock inched up 0.7% to finish Monday at SAR 122.80.
SABIC’s stock was the most active in terms of traded volume after 34.7 million shares were exchanged, generating SAR 576.45 million in a turnover.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, went up 0.33% or 10.49 points to 3,180.03 points.
Al-Kathiri Holding Company’s stock levelled up 12.09% to SAR 30.60, whereas Raydan Co’s stock dropped 2.92% to SAR 15.64.
