Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) started Thursday with a positive performance after its main Tadawul All Share Index (TASI) surged 104.93 points, or 1.4%, reaching 7,617.45 points.
By 10:25 am Saudi time, TASI’s trading volume hit 40.6 million shares exchanged through 18,700 transactions at a turnover of SAR 1.07 billion.
The media sector rose 2.79%, followed by the food and beverages sector with 2.2%, while the banking, telecommunication services, and materials sectors added 2.01%, 1.92%, and 1.41%, respectively.
On the other hand, the energy and consumer services sectors levelled down 4.6%, and 0.93%, respectively.
The Saudi Company for Hardware’s (SACO) stock led gainers with 9.96%, whereas the National Shipping Company of Saudi Arabia’s (Bahri) stock tumbled 8.92%.
Meanwhile, Nomu, the main index of the Nomu secondary market, remained unchanged at 2,599.52 points.