TASI jumps 168 pts, Nomu rises 17 pts at Sunday’s close

Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) finalised Sunday in the green after surging 168.47 points, or 2.1% to hit 8,329.55 points, registering its highest growth ratio in a year or since 21 June 2017.

TASI’s trading volume reached 181.64 million shares on Sunday, down from 196.58 million shares on Thursday, whereas traded value rose to SAR 4.89 billion, from SAR 4.59 billion.

The banks sector increased 3.5% as Al Rajhi Bank’s stock jumped 7.5% to SAR 89.9, followed by food and beverages with 3.4%, telecommunication services with 3.1%, and materials with 0.04%.

On the flipside, the consumer durables and apparel, media, and real estate investment traded funds (REITs) sectors fell 2.3%, 0.6%, and 0.45%, respectively.

Almarai Co’s stock was the best performer with 8.5%, whereas Al Sorayai Trade and Industrial Group’s stock tumbled 10%.

Al Inma Bank’s stock acquired Tadawul’s trading volume after 36.63 million shares were exchanged, while the Saudi Basic Industries Corporation’s (SABIC) stock acquired about 23% of liquidity after generating SAR 1.13 billion.

In the meantime, NOMU, the benchmark index of the Nomu-Parallel Market, went up 16.87 points, or 0.55% to 3,094.25 points.

Nomu’s traded volume tumbled to 32,600 shares on Sunday, from 52,360 shares on Thursday, while liquidity decreased to SAR 481,490, from SAR 1.21 million.

The stocks of Abo Moati for Bookstores and Baazeem Trading levelled up 6.4% and 1.6%, respectively.

Abo Moati for Bookstores’ stock dominated the parallel market activities after 17,870 shares were exchanged, generating SAR 197,240.

Mubasher Contribution Time: 03-Jun-2018 13:27 (GMT)
Mubasher Last Update Time: 03-Jun-2018 13:27 (GMT)