Saudi indices level up at Tuesday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) finished Tuesday in the green after its benchmark Tadawul All Share Index (TASI) levelled up 9.46 points, or 0.12%, to 8,057.04 points, registering its highest level since 12 August 2018.

TASI’s liquidity fell to SAR 3.16 billion ($842.4 million), from SAR 3.4 billion ($918.67 million), while trading volume reached 139.84 million shares, up from 130.1 million on Monday.

The real estate management and development sector rose 1.9%, followed by the diversified financial and banking sectors with 0.52% and 0.19%, respectively.

On the flipside, the capital goods, telecommunication services, and materials sectors decreased 0.54%, 0.5%, and 0.17%, respectively.

Dar Alarkan Real Estate Development Co’s stock led risers with 4.36%, while Saudi Enaya Cooperative Insurance Company’s (Enaya) stock led losers with 5.7%.

Dar Alarkan Real Estate Development Co’s stock, which added 4.36%, topped TASI in terms of trading volume and value after 31.2 million shares were exchanged, generating SAR 293.2 million in a turnover.

In the meantime, NOMU, the main index of the Nomu secondary market, inched up 2.59 points, or 0.1%, to close the mid-week session at 2,548.49 points.

National Building and Marketing Co’s stock led risers with 6.82%, while Raydan Co’s stock led losers with 2.64%.

Mubasher Contribution Time: 08-Jan-2019 13:34 (GMT)
Mubasher Last Update Time: 08-Jan-2019 13:42 (GMT)