By Thabet Shehata
Riyadh – Mubasher: Saudi Stock Exchange (Tadawul) ended Monday’s trading in the green zone, moving back to gains after a downtrend that lasted in the last four sessions.
The bourse was backed by the rise of nine sectors mainly banks, petrochemical industries and telecoms.
The main gauge, or TASI, shut 0.19% or 12 points higher at 6,268.7 points.
Today’s traded value rose to SAR 5.29 billion ($1.41 billion), from SAR 4.8 billion ($1.28 billion) on Sunday.
SABIC was the top active with a traded value reaching SAR 876.16 million.
The media and publishing sector was the top gainer (+4.4%), as all stocks moved higher topped by SRMG that jumped 6.2% to SAR 43.70.
The banks sector added 0.4%, powered by Samba (+1.78%), SABB (+0.25%) and Al-Rajhi (+0.09%). NCB, Al-Jazira and SHB were down.
The petrochemical industries sector gained 0.48%, fueled by the rise of nine stocks led by SABIC. SAFCO and Sipchem moved lower, while the remaining stocks were flat.
The hotel and tourism sector was the biggest drag, with a drop of 1.62%, due to the decline of its stocks mainly Al-Tayyar that dived by 1.76% to SAR 34.70.
The real estate sector sagged 0.31% after Makkah Construction, Al-Aqaria and Al-Andalus fell by 2.56%, 1.29% and 0.36% in a row.
Translated by Sayed Abdel Rahman
