Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Wednesday’s trading in the green zone, backed by a semi-collective rise by its sectors.
The main index rose 0.93% or 63.16 points to the level of 6,820.3 points, breaking the level of 6,8000 points.
Turnover increased to SAR 7.3 billion ($1.95 billion) from SAR 7.2 billion ($1.292 billion) on Tuesday.
Trading volume also grew to 413.5 million shares, compared to 392.67 million shares exchanged yesterday.
Saudi Basic Industries Corporation (SABIC) made the highest liquidity of SAR 706.4 million ($188.36 million), 9.7% of the market’s total liquidity, as 8.3 million shares were exchanged at SAR 84,750 ($22,597).
The hotel and tourism sector topped the green list with an increase of 5.96%, as Al Tayyar Travel Group Holding advanced 7.36% to SAR 42 ($11.20).
The petrochemical industries also rose by 1.82% as Saudi Kayan Petrochemical grew 4.9% to SAR 7.05 ($1.88).
The banks and financial services sector gained 1.01%, supported by the rise in Al Rajhi Bank and National Commercial Bank by 1.05% and 0.63% respectively.
The telecommunication sector moved 0.28% up as Etisalat closed 0.84% higher to SAR 63.50 ($16.93), while Mobily and Zain shrank by 0.67% and 0.11% respectively.
On the other hand, the energy and real estate sectors fell by 0.22% and 0.16% for each.
Translated by: Elwy el-Manzalawy
