Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) ended Monday’s trading session with a positive performance after its benchmark Tadawul All Share Index (TASI) surged 114.5 points, or 1.35%, to 8,623.93 points, registering its highest level since the end of November 2018.
TASI’s liquidity amounted to SAR 4.2 billion ($1.12 billion), up from SAR 3.52 billion ($939.2 million) on Sunday, while trading volume hit 199.58 million shares, compared to 166.7 million in the previous session.
The utilities, materials, and banking sectors went up 4.52%, 1.67%, and 1.5%, respectively.
On the flipside, the telecommunication services sector shed 0.39%, while the real estate investment traded funds (REITs) sector fell 0.16%.
Saudi Fisheries Company’s (Alasmak) stock was the best performer after growing 10%, while the stock of Mobile Telecommunication Company Saudi Arabia (Zain) was the worst performer with 4.45%.
Al Rajhi Bank’s stock achieved the highest liquidity with SAR 316.9 million, while Dar Alarkan Real Estate Development Co’s stock led in terms of traded volume after 19.6 million shares were exchanged.
In the meantime, the main index of the Nomu secondary market, tumbled 20.19 points, or 0.71%, to close at 2,816.5 points.
Abdullah Saad Mohamed Abo Moati for Bookstores Company’s stock led the parallel market losers with 2.15%, while the stock of Baazeem Trading Co topped gainers with 1.23%.
