Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green after its benchmark Tadawul All Share Index (TASI) soared 108.94, or 1.5%, points to 7,562.11 points, touching its highest level in a month or since 5 February.
TASI’s traded volume stood at 129.97 million shares on Thursday, against 106.44 million on Wednesday, while trading value increased to SAR 3.85 billion, from SAR 2.75 billion.
The pharmaceuticals, banks, materials, and telecommunication services sectors levelled up 2.9%, 2.4%, 1.4%, and 1.3%, respectively.
On the flipside, the food and staples retailing sector went down 1.5%, while media tumbled 0.5%.
Saudi Steel Pipe’s stock was the bourse's best performer after jumping 9.99%, whereas Middle East Specialized Cables’ (MESC) stock led losers with 2.4%.
Al Inma Bank’s stock led in terms of traded volume after 34.5 million shares were exchanged, while Saudi Basic Industries Corp’s (SABIC) stock was the most active in terms of liquidity after generating SAR 710.91 million.
In the meantime, the main index of the Nomu-Parallel Market, NOMU, rose 6.99 points, or 0.2%, to close at 3,117.21 points.
Nomu’s trading volume reached 123.92 million shares on Thursday, against 68,100 shares on Wednesday, while liquidity grew to SAR 2.09 million, from SAR 883,270.
Al-Omran Industrial Trading’s stock gained 6.7%, whereas Al-Samaani Factory for Metal Industries’ stock fell 3.3%.
The stock of Abo Moati for Bookstores acquired Nomu’s activities after 58,680 shares were changed hands, with a turnover of SAR 667,790.
