TASI hits 3.5-yr high, Nomu sheds 54 pts at Sunday’s close

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Sunday in the green after its benchmark Tadawul All Share Index (TASI) surged 74.54 points, or 0.88%, to 8,509.43 points, registering its highest level in three years and a half.

TASI’s trading value increased to SAR 3.52 billion, from SAR 2.74 billion on Thursday, while traded volume stood at 166.69 million shares, up from 106.39 million in the session before.

The capital good, utilities, banking, materials, and telecommunication services sectors levelled up 2.3%, 2.1%, 1.1%, 0.6%, 0.5%, respectively.

On the flipside, the media and entertainment sector went down 1.9%.

Saudi Steel Pipe Company’s (SSP) stock led risers after growing 10%, while the stock of Amana Cooperative Insurance was the worst performer after losing 3%.

Al Rajhi Bank’s stock topped the main market in terms of liquidity after generating SAR 374.74 million, while Mobile Telecommunications Company Saudi Arabia’s (Zain) stock posted the highest traded volume with 20 million shares.

In the meantime, NOMU, the main index of the Nomu-Parallel Market, slumped 54.51 points, or 1.9%, to close the first session of the week at 2,836.69 points.

Nomu’s liquidity fell to SAR 757,350, from SAR 1.58 million, while trading volume reached 36,000 shares, down from 100,530 in the session before.

Al Omran Industrial and Trading Company’s stock led Nomu’s losers with 7.8%, while Arab Sea Information System Co’s stock topped gainers with 1.9%.

Baazeem Trading Co’s stock led the secondary market in terms of turnover with SAR 253,080, while the stock of Al Omran Industrial and Trading Company was the most active in terms of trading volume after 10,400 shares were exchanged.

Mubasher Contribution Time: 27-Jan-2019 13:31 (GMT)
Mubasher Last Update Time: 27-Jan-2019 13:51 (GMT)