Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) main Tadawul All Share Index (TASI) extended its gains for the ninth session in a row after rising 78.4 points, or 0.87%, to close at 9,063.88 points on Thursday, its highest level since July 2015.
TASI’s liquidity shrank to SAR 3.66 billion ($977 million) on Thursday from SAR 4.05 billion ($1.08 billion) in the previous session, while the market’s traded volume retreated to 141.25 million shares, compared to 180.17 million on Wednesday.
The banking sector topped gainers and advanced 1.6%, while the telecommunications and basic materials sectors rose 1.4% and 0.01%, respectively.
On the other hand, the food retail sector headed decliners after sliding 1.38%, followed by the pharmaceuticals sector with 1.29%.
Al-Jouf Agricultural Development’s stock led risers with 5.2%, whereas the stock of Abdullah Abdul Mohsen Al Khodari Sons headed decliners after falling 3.3%.
Al Rajhi Bank’s stock led TASI in terms of turnover with SAR 714.56 million, while Dar Alarkan Real Estate Development’s stock registered the highest trading volume of 15.3 million shares.
Meanwhile, the joint index between Tadawul and MSCI, MT30 index, added 13.19 points, or 1%, to finish the last session of the week at 1,350.92 points.
On the other hand, NOMU, the main index of the Nomu secondary market, inched down 3.3 points, or 0.09%, to close at 3,604.03 points.
Al-Omran Industrial Trading was Nomu’s worst performer with 3.18%.
Similarly, the Nomu Capped Index (NomuC) fell by 5.76 points, or 0.16%, to finish at 3,604.82 points.