Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Wednesday’s trading session in the green after its benchmark Tadawul All Share Index (TASI) surged 89.64 points, or 1.1%, to 8,146.68 points, registering its highest level since 9 August 2018.
TASI’s liquidity fell to SAR 3.06 billion ($815.47 million), from SAR 3.16 billion ($842.4 million), while trading volume hit 141.11 million shares, compared to 139.84 million on Tuesday.
The telecommunication services, materials, and banking sectors levelled up 2.49%, 1.3%, and 1.1%, respectively.
On the flipside, the food and staples retailing sector shed 0.62%, while the diversified financials sector inched down 0.3%.
Rabigh Refining and Petrochemical’s (Petro Rabigh) stock topped gainers after growing 6%, while the stock of MetLife AIG ANB Cooperative Insurance Company led losers with 2.09%.
Al Rajhi Bank’s stock, up 1.39%, led the main market in terms of traded value after generating SAR 367.37 million, while Dar Alarkan Real Estate Development Co’s stock, down 0.73%, posted the highest trading volume with 26 million shares.
In the meantime, the main index of the Nomu secondary market, NOMU, went up 27 points, or 1.06%, to close the session at 2,575.51 points.
Al-Samaani Factory for Metal Industries’ stock led risers with 2.84%, while the stock of Al Kathiri Holding Company led losers with 1.72%.
